The Karnataka budget for FY 2024-25 was recently released on February 16th. To better understand the nuances of the state budget, this expert analysis breaks down the various components for citizens to assess the fiscal health of the state. It also looks at corresponding figures for the financial year 2021-22 to explain what such an assessment reveals about the state's finances. The annual budget of the Government of India is an eagerly awaited event, almost at par with a cricket match. The eagerness and anticipation associated with the budget mainly stems from concerns regarding: Changes in tax rates Impact on the…
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