Karnataka Congress members all set to hold protest in New Delhi
Protest on February 7 against reduced tax devolution to the state
Tax devolution by 14th and 15th Finance Commissions for Karnataka
The Karnataka Congress members are all set to hold a protest in New Delhi on February 7 over reduced tax devolution to the state. South Indian states in general rue the fact that they are not getting enough money from the centre even after paying phenomenal taxes in different forms. Even as the tax argy-bargies continue, here are number that throw light on the tax devolution as recommended by the 14th and 15th Finance Commissions for the state of Karnataka.
Year | Amount received as per 15th Finance Commission | Amount received as per 14th Finance Commission | Deficit |
2020-21 | Rs 21,694 Crores | Rs 28,024 Crores | Rs 6,330 Crores |
2021-22 | Rs 33,284 Crores | Rs 42,314 Crores | Rs 9,031 Crores |
2022-23 | Rs 34,596 Crores | Rs 44,670 Crores | Rs 10,074 Crores |
2023-24 | Rs 37,252 Crores | Rs 48,110 Crores | Rs 10,858 Crores |
2024-25 (Approximation) |
Rs 41,711 Crores | Rs 53,883 Crores | Rs 12,172 Crores |
2025-26 (Approximation) |
Rs 46,716 Crores | Rs 60,349 Crores |
Rs 13,633 Crores
|
Total | Rs 62,098 Crores |
Karnataka Congress members all set to hold protest in New Delhi
Protest on February 7 against reduced tax devolution to the state
Tax devolution by 14th and 15th Finance Commissions for Karnataka
The Karnataka Congress members are all set to hold a protest in New Delhi on February 7 over reduced tax devolution to the state. South Indian states in general rue the fact that they are not getting enough money from the centre even after paying phenomenal taxes in different forms. Even as the tax argy-bargies continue, here are number that throw light on the tax devolution as recommended by the 14th and 15th Finance Commissions for the state of Karnataka.
Year | Amount received as per 15th Finance Commission | Amount received as per 14th Finance Commission | Deficit |
2020-21 | Rs 21,694 Crores | Rs 28,024 Crores | Rs 6,330 Crores |
2021-22 | Rs 33,284 Crores | Rs 42,314 Crores | Rs 9,031 Crores |
2022-23 | Rs 34,596 Crores | Rs 44,670 Crores | Rs 10,074 Crores |
2023-24 | Rs 37,252 Crores | Rs 48,110 Crores | Rs 10,858 Crores |
2024-25 (Approximation) |
Rs 41,711 Crores | Rs 53,883 Crores | Rs 12,172 Crores |
2025-26 (Approximation) |
Rs 46,716 Crores | Rs 60,349 Crores |
Rs 13,633 Crores
|
Total | Rs 62,098 Crores |