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KARNATAKA CESS
Liquor stocks have macro tailwinds, but will FTAs become a problem? 6 liquor stocks with an upside potential of up to 26%Supply chain disruptions caused by the US-Israel-Iran conflict have a second-order impact on several industries. The liquor sector is no ex...- NMDC hikes iron ore prices by up to 11.1% effective April 5In a pivotal move, NMDC, the state-owned giant, is set to hike iron ore prices effective April 5, 2026. Following an unprecedented producti...
- Karnataka disputes RBI’s liability figures ahead of State Budget on Friday, seeks AG correctionKarnataka challenges the Reserve Bank of India's debt figures. The state government has written to the Accountant General seeking a review ...
- Karnataka govt proposes 2% cess on movie tickets, TV channelsThe Karnataka government has proposed a 2% cess on movie tickets and TV subscription fees to fund welfare schemes for cine and cultural act...
- Karnataka cabinet clears 1% fire cess on new multi-storey buildingsThe Karnataka cabinet has approved a 1% fire cess on new multi-story buildings in Bengaluru and across the state, a move aimed at bolsterin...
- Consumers in Karnataka may have to pay more for cab rides, food deliveries and other services. Here's whyKarnataka is set to introduce a new welfare law for gig workers, potentially increasing costs for consumers of app-based services. The prop...
- Karnataka announces cess on transactions conducted through aggregator platforms to support gig workersAddressing a press conference, Karnataka Labour Minister Santosh Lad said, "The Labour Department of Karnataka has decided to impose cess o...
- Taxpayers expect taxes to work for them, Siddaramaiah tells finance commission; CM cautions against skewed weightage to equityChief Minister Siddaramaiah has urged the Finance Commission to cap cess and surcharge at 5% of gross tax revenue and include collections a...
- Media industry likely to seek reversal of Karnataka government decision on cess levyMedia and entertainment bodies have planned to request the Karnataka government to revoke the 1-2% cess on cinema tickets and OTT subscript...
- Cinema houses, OTTs wary as Karnataka govt levies 2% cessThe Karnataka government has decided to impose a 2% cess on movie tickets and over-the-top (OTT) subscriptions. This move is expected to re...
- High-end EVs to cost more in Karnataka as govt to levy additional taxKarnataka government introduces a 10% lifetime tax on high-end electric vehicles to control the rise of luxury EVs. It is estimated that by...
- Bommai to table Karnataka budget on Feb 17The Cabinet decided also to regularise quarrying for those who are into manual mining and mistakenly carry out their activities in differen...
- Basavaraj Bommai confident about GST compensation, Siddaramaiah says its denial will cost Rs 20,000 crore to KarnatakaKarnataka has been at the forefront among the states in seeking an extension of GST compensation on grounds that its tax revenues have not ...
- Drop in GST revenues: Bommai says he’s confident GST council will extend compensationKarnataka has been on the forefront among the states in seeking an extension of GST compensation on grounds that its tax revenues have not ...
- Fuel prices can be lowered by 30%, says KTRHe remarked that the fuel price hike for 12th time in 14 days outdoes any torture. "Read about Chinese torture only in books. This consecut...
- Making it Electric: BS Yediyurappa writes to FM to withdraw GST Cess on hybrid carsThe chief minister in his letter has highlighted the importance of transition to electric mobility through local manufacturing in the backd...
- HD Kumaraswamy suggests COVID cess on ultra rich to offset revenue lossFormer Karnataka Chief Minister H D Kumaraswamy on Monday suggested imposing "COVID cess" on the ultra rich to offset the loss of revenue, ...
- Cheap bus passes await garment, building workersThe proposal, which is in the final stages of approval, has not gone down well with a labour union.
- Farmers seek rollback of additional levy on cigarettesAccording to the Federation of All India Farmer Associations (FAIFA), there is a need to bring in stability in tobacco farm prices and farm...
- Karnataka CM Siddaramaiah criticises Swachh Bharat cessHe pointed out that the Swachh Bharat programme was actually just a renamed central government programme that the UPA used to called Nirmal...
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