Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
Make Most of Text Search
  1. Checkout this video tutorial: How to search effectively on TaxTMI.
  2. Put words in double quotes for exact word search, eg: "income tax"
  3. Avoid noise words such as : 'and, of, the, a'
  4. Sort by Relevance to get the most relevant document.
  5. Press Enter to add multiple terms/multiple phrases, and then click on Search to Search.
  6. Text Search
  7. The system will try to fetch results that contains ALL your words.
  8. Once you add keywords, you'll see a new 'Search In' filter that makes your results even more precise.
  9. Text Search
Add to...
You have not created any category. Kindly create one to bookmark this item!
Create New Category
Hide
Title :
Description :
❮❮ Hide
Default View
Expand ❯❯
Close ✕
🔎 News - Adv. Search
TEXT SEARCH:

Press 'Enter' to add multiple search terms. Rules for Better Search

Search In:
Main Text + AI Text
  • Main Text
  • Main Text + AI Text
  • AI Text
Category: ?
Categorized by AI
---- All Categories ----
  • ---- All Categories ----
  • Income Tax
  • GST
  • Customs, DGFT & SEZ
  • FEMA & RBI
  • Corp. Laws, SEBI & IBC
  • PMLA, Black Money & ED
  • Budget
  • News and Press Release
  • PTI News
Month:
---- All Months ----
  • ---- All Months ----
  • January
  • February
  • March
  • April
  • May
  • June
  • July
  • August
  • September
  • October
  • November
  • December
Year:
---- All Years ----
  • ---- All Years ----
  • 2026
  • 2025
  • 2024
  • 2023
  • 2022
  • 2021
  • 2020
  • 2019
  • 2018
  • 2017
  • 2016
  • 2015
  • 2014
  • 2013
  • 2012
  • 2011
Sort By: ?
In Sort By 'Default', exact matches for text search are shown at the top, followed by the remaining results in their regular order.
RelevanceDefaultDate
    No Records Found
    ❯❯
    MaximizeMaximizeMaximize
    0 / 200
    Expand Note
    Add to Folder

    No Folders have been created

      +

      Are you sure you want to delete "My most important" ?

      NOTE:

      News
      Showing Results for :
      Reset Filters
      Results Found:
      AI TextQuick Glance by AIHeadnote
      Show All SummariesHide All Summaries
      No Records Found

      News

      Back

      All News

      Showing Results for :
      Reset Filters
      Showing
      Records
      ExpandCollapse
        No Records Found

        News

        Back

        All News

        whatsappJoin Channel
        Showing Results for : Reset Filters
        Case ID :

        Ruling, opposition fronts wrangle over state budget

        February 10, 2025

        📋
        Contents
        Note

        Note

        -

        Bookmark

        print

        Print

        Login to TaxTMI
        Verification Pending

        The Email Id has not been verified. Click on the link we have sent on

        Didn't receive the mail? Resend Mail

        Don't have an account? Register Here

        Thiruvananthapuram, Feb 10 (PTI) The Congress-led opposition UDF in Kerala on Monday criticised state Finance Minister K N Balagopal's budget for lacking major announcements, while the ruling Left Front defended it, highlighting the state's ability to navigate financial constraints despite restrictions by the Centre.

        Initiating a debate on the budget for the fiscal year 2025-26 in the Assembly, Deputy Speaker Chittayam Gopakumar said Kerala budget serves as an alternative to the Centre's stance, which he claimed treats the state as if it is not part of the country.

        He accused the Centre of acting against the state by disregarding the basic principles of federalism.

        Chittayam stated that while Kerala had sought Rs 18,000 crore in the past 12 years, the Centre approved only a meager Rs 3,000 crore, adding it also ignored the state’s request for assistance in rehabilitating Wayanad landslide victims.

        He also criticised the Union Minister George Kurian who made a remark against Kerala stating that the state will proceed further despite all challenges.

        He further highlighted the budget's allocations for tourism, agriculture, health, and other key sectors.

        Congress MLA Mathew Kuzhalnadan criticised the budget, alleging that many announcements were mere repetitions.

        He pointed out that while the ruling front claims Kerala stands top in education, the state's allocation for the sector is only 13.4 percent, whereas the national average exceeds 15 percent.

        Indian Union Muslim League (IUML) MLA K K Abid Hussain Thangal claimed the budget lacked major project announcements, even as the Finance Minister asserted that the state's financial condition had improved.

        The Finance Minister claimed that Kerala has made a takeoff, but in reality, it is a crash landing, he stated.

        "Not even a Rs 100 hike in social welfare pensions," he said.

        Opposing the budget, Kerala Congress leader P J Joseph criticised the land tax hike as a wrong move and noted a 50 percent cut in the plan fund.

        He also questioned the state's carbon-free ambitions, highlighting the contradiction of imposing taxes on electric vehicles instead of encouraging them for environmental sustainability.

        Kerala Congress (M) member N Jayaraj countered the opposition claims that KIIFB projects were stalled, stating that it was former Finance Minister K M Mani who originally proposed the idea and passed the KIIFB Act, and the LDF government later implemented it.

        "Of the 11 projects in my constituency, work on 10 is progressing, and eight will be completed within this year," he added.

        CPI(M) MLA K D Prasenan claimed that the budget instills confidence and raises expectations for the state's future.

        "The budget clearly reflects the government's focus on improving people's lives," he said.

        He also criticised the Centre for not allocating even a single penny for the rehabilitation of Wayanad landslide victims.

        The three-day debate on the budget will conclude on Wednesday with the response of the Finance Minister in the Assembly. PTI ARM ARM SA

        Budget scrutiny highlights federal funding constraints and opposition criticism of allocations and tax hikes, with defenders citing pragmatic financing. The 2025-26 state budget drew opposition criticism for lacking major new measures, repeating past announcements, low education allocation, no increase in social welfare pensions, a land tax hike and a halved plan fund; critics also noted a tension between carbon-free goals and taxes on electric vehicles. The ruling front defended the budget as fiscally pragmatic amid alleged central funding denials, highlighted allocations for key sectors, and defended progress under the KIIFB infrastructure financing framework. The three-day Assembly debate will close with the Finance Minister's response.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Budget scrutiny highlights federal funding constraints and opposition criticism of allocations and tax hikes, with defenders citing pragmatic financing.

                                The 2025-26 state budget drew opposition criticism for lacking major new measures, repeating past announcements, low education allocation, no increase in social welfare pensions, a land tax hike and a halved plan fund; critics also noted a tension between carbon-free goals and taxes on electric vehicles. The ruling front defended the budget as fiscally pragmatic amid alleged central funding denials, highlighted allocations for key sectors, and defended progress under the KIIFB infrastructure financing framework. The three-day Assembly debate will close with the Finance Minister's response.





                                Note: It is a system-generated summary and is for quick reference only.

                                Topics

                                ActsIncome Tax
                                No Records Found