https://www.taxtmi.com/news?id=21470 The Finance Commission highlighted Karnataka's strengths-revenue surplus, Fiscal Responsibility framework, strong own tax revenue and low committed expenditure-while flagging risks to state fiscal sustainability: volatile GSDP growth, falling non tax revenue buoyancy, rising off budget borrowings, a GST revenue shortfall and large crop loan waiver liabilities. The Commission requested the State's plan for a long term, financially sustainable strategy to address agricultural distress and stated these concerns will be considered in its final report. en-us Tue, 25 Jun 2019 14:22:06 +0530 Tue, 25 Jun 2019 14:22:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21470 The Finance Commission highlighted Karnataka's strengths-revenue surplus, Fiscal Responsibility framework, strong own tax revenue and low committed expenditure-while flagging risks to state fiscal sustainability: volatile GSDP growth, falling non tax revenue buoyancy, rising off budget borrowings, a GST revenue shortfall and large crop loan waiver liabilities. The Commission requested the State's plan for a long term, financially sustainable strategy to address agricultural distress and stated these concerns will be considered in its final report. News - Tue, 25 Jun 2019 14:22:06 +0530 https://www.taxtmi.com/news?id=21470