A major source of tax revenue for states is Stamps, or Stamp Duty and Registration Fee. Karnataka, for instance, collected Rs 10,576 crore in Stamps and Registration Fee in 2020-21, which amounts to 11% of the state’s tax revenue, as per the State Finances Audit Report for the year ending March 2021 Stamp Duty is a tax payable on legal documents/instruments that function as evidence of the transaction that has taken place. It could be: Fixed (adoption deed, divorce etc.) orAd-valorem i.e, a proportion of the Market Value (MV). MV is defined in the Karnataka Stamp (KS) Act, 1957, as…
Read moreIf one were to compare the national economy to the human body, highways can be considered the arteries. Like clogged arteries which can be life-threatening, poor roads can derail economic growth. Planning and execution of highway projects have several other implications related to safeguarding the interest of the consumer, environmental impact, prudent contract management etc. One way to be aware of issues of impropriety and poor performance in local government bodies and departments is to track the audit reports from agencies like the Comptroller and Auditor General of India (CAG). This article is the sixth in the Series: Understanding Public…
Read moreBBMP has spent over 100 crores on fixing, remodelling, and maintaining drains in just one ward – HSR Layout. Their Stormwater Drain Department does not maintain records like work registers or the progress reports of works. BBMP has been indicted for ineffective and inefficient collection of waste, non-compliance with waste management rules, and lack of scientific processing facilities at landfill sites. These are just three instances of impropriety and poor performance in local government bodies. All these are issues that citizens should demand accountability from their elected reps and officials. One easy way to be aware of such issues is…
Read moreBBMP has spent over 100 crores on fixing, remodelling, and maintaining drains in just one ward – HSR Layout. Their Stormwater Drain Department does not maintain records like work registers or the progress reports of works. BBMP has been indicted for ineffective and inefficient collection of waste, non-compliance with waste management rules, and lack of scientific processing facilities at landfill sites. These are just three instances of impropriety and poor performance in local government bodies. All these are issues that citizens should demand accountability from their elected reps and officials. One easy way to be aware of such issues is…
Read moreBBMP has spent over 100 crores on fixing, remodelling, and maintaining drains in just one ward - HSR Layout. Their Stormwater Drain Department does not maintain records like work registers or the progress reports of works. BBMP has been indicted for ineffective and inefficient collection of waste, non-compliance with waste management rules, and lack of scientific processing facilities at landfill sites. These are just three instances of impropriety and poor performance in local government bodies.All these are issues that citizens should demand accountability from their elected reps and officials. One easy way to be aware of such issues is to…
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