Archive · 7 Dec 2025
Karnataka Faces Rs 12,000 Crore GST Shortfall
Karnataka's Chief Minister, Siddaramaiah, said the state will lose about Rs 12,000 crore this year because they collected less tax money than expected.
He blamed the central government for reducing tax rates, which hurt the state's income.
He also criticized a union minister for not speaking up about this issue.
The Chief Minister mentioned that the state has spent a lot on welfare programs and accused the central government of not releasing promised funds for important projects.
He also talked about how his government supports women's reservation and is working to reduce conflicts between humans and wildlife.
Karnataka expects a Rs 12,000 crore shortfall in tax revenue due to lower GST collections.
Chief Minister Siddaramaiah blamed the central government for reducing GST rates mid-financial year.
The state has spent Rs 1,08,135 crore on guarantee schemes, benefiting various communities.
The central government has not released Rs 5,300 crore for the Upper Bhadra project.
Siddaramaiah criticized Union Minister H.D. Kumaraswamy for not addressing GST revenue loss in Parliament.
- Who
- Karnataka Chief Minister Siddaramaiah
- What
- GST revenue shortfall and political statements
- When
- September-November 2025, and during a media interaction in Hassan
- Where
- Karnataka, India
- Why
- Due to lower GST collections and political disagreements
- Projected Tax Revenue
- Rs 1,26,000 crore
- Expected Shortfall
- Rs 12,000 crore
- Expected Revenue
- Rs 88,000 crore
- GST Revenue Loss Period
- September-November 2025
- Upper Bhadra Project Funds
- Rs 5,300 crore (not released)
- Guarantee Schemes Spending
- Rs 1,08,135 crore
