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…
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"India tops the world in terms of the number of people killed and ranks number 3 as per number of persons injured in road accidents”, Union Minister for Road Transport and Highways Nitin Gadkari recently admitted in Parliament. This despite the passing of a comprehensive Road Transport and Safety Bill in 2014, to reduce road accidents. Karnataka’s record on road safety reflects this grim reality. Annually, approximately 11,000 people die and over 50,000 sustain injuries from road accidents in the state. One way to be aware of issues of impropriety and poor performance in local government bodies and departments is…
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 moreOne 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 fifth in the Series: Understanding Public Project Audits, by experts from Indian Accounts and Audit Service. Long lines of migrant workers, many of them from the construction sector, on the highways and outside railway stations during the COVID- 19 lockdown are not so distant and unpleasant memories for most of us. This vulnerable section of the population was literally trapped between…
Read moreOne 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 fourth of a series by experts from Indian Accounts and Audit Service. A country’s socio-economic development is largely linked to the natural resources it possesses. With mineral resources being an important component. Karnataka has huge reserves of minerals like iron ore, limestone and gold among other natural resources, and its ranking based on mineral reserves and production capacity within India varies…
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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