Budget: BSY may leave tax rates unchanged

Chief minister BS Yediyurappa is under pressure to fill a large revenue gap in the state’s finances, but he is unlikely to raise taxes in the forthcoming budget. ​​​His think tank has reportedly advised him against significant tax hikes as it believes the current rates are already high and a further increase will hurt consumption levels.

Budget: BSY may leave tax rates unchanged
Linkup
Chief minister BS Yediyurappa is under pressure to fill a large revenue gap in the state’s finances, but he is unlikely to raise taxes in the forthcoming budget. ​​​His think tank has reportedly advised him against significant tax hikes as it believes the current rates are already high and a further increase will hurt consumption levels.