Karnataka Budget 2026: Highlights – The Hindu

Karnataka creates unique, strong, sustainable development models, described as 11G model economy: CM

Impact of GST rate rationalisation

Changes have reduced State’s GST collection. Before the rationalisation, Karnataka’s average monthly GST revenue growth in 2025-26 was around 10% (net of refunds). After implementation of revised rates, the average monthly growth is around 4%. Overall GST collections expected to reduce by approximately ₹10,000 crore in the current financial year, and ₹15,000 crore in the next year.

Other points

Started process of filling 56,432 posts in various government departments this year: CM

Age relaxation of 5 years considering delay in recruitment due to court cases: CM

CM urges Centre to act with sensitivity towards Karnataka’s demands

Passengers watch the live telecast of the State Budget at the KSRTC bus stand in Shivamogga on March 6, 2026. The Department of Information and Public Relations has made arrangements for live streaming of the state budget in KSRTC bus terminals across Karnataka.
| Photo Credit:
S.K. Dinesh

India, with diverse cultures, can achieve development only through co-operative federal system: CM

By not adhering to federal system of governance as per Constitution, Centre doing injustice to Karnataka: CM