Archive · 25 Jun 2025
Karnataka CM Seeks Support for Pro-Growth Tax Devolution
The leader of Karnataka met with the Union Finance Minister to discuss how money from taxes is shared.
Karnataka feels it has been getting less money because of how the government decides.
They want a change in how taxes are distributed among the states.
Karnataka wants the government to rethink giving money to states that don't have enough money, suggesting sharing it among all states instead.
Karnataka's CM met with the Union Finance Minister to discuss tax devolution.
The state experienced a 23% reduction in tax devolution.
Karnataka was denied Rs 11,495 crore in special grants.
Karnataka's CM wants income-distance criterion weight reduced.
The state wants Revenue Deficit Grants format discontinued.
- Who
- Siddaramaiah and Nirmala Sitharaman
- What
- Discussion on tax devolution and financial support for Karnataka.
- When
- Tuesday
- Where
- New Delhi
- Why
- To address Karnataka's financial losses and seek changes in tax allocation
Karnataka's Perspective
Central Government's Perspective
Tax Allocation Criteria
Karnataka's Perspective
Wants reduction in income-distance weightage.
Central Government's Perspective
NA
Revenue Deficit Grants
Karnataka's Perspective
Suggests discontinuing Revenue Deficit Grants.
Central Government's Perspective
NA
- Politician
- Siddaramaiah
- Office Held
- Karnataka Chief Minister
- Official Met
- Nirmala Sitharaman
- Key Issue
- Tax Devolution
- Financial Loss
- Rs 80,000 crore
- Finance Commission
- 16th
Sources
Raichur: CM Siddaramaiah To Meet President Over Pending Bills
Raichur: BJP Can't Digest Congress-led Development: CM
CM Siddaramaiah, Aamir Khan exchange pleasantries at Rashtrapati Bhavan
'Disastrous impact of freebies': Mohandas Pai blasts Siddaramaiah after Karnataka HM says no fund for development
Siddaramaiah seeks President’s nod for 7 key Karnataka bills
Siddaramaiah meets Nirmala Sitharaman, seeks ‘growth-friendly devolution’ of taxes under 16th Finance Commission
Sitharaman to Review Karnataka’s Rs 80,000 Cr Shortfall