What helped in breaking logjam over Karnataka CM pick?

News Network
May 18, 2023

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Bengaluru, May 18: Several top Congress leaders from party chief Mallikarjun Kharge to former party chiefs Sonia Gandhi and Rahul Gandhi were involved in hectic parleys with Siddaramaiah and D K Shivakumar which finally helped to break the logjam over the top post in Karnataka.

Ever since the Karnataka Assembly results were declared on May 13, both the leaders started garnering support of MLAs close to them while mustering support for themselves.

The supporters of both, meanwhile, started building up the momentum in support of their respective leader and a poster war erupted.

As the race for the top post heated up, Kharge appointed three observers -- Sushilkumar Shinde, Jitendra Singh and Deepak Babaria -- and the first meeting of the Congress Legislature Party was convened on May 14. Supporters of both the leaders continued to raise the pitch by raising slogans in support of their leaders outside the CLP meeting venue.

All Congress MLAs authorised the party chief to appoint a leader of the Congress Legislature Party (CLP), who would also be the new chief minister.

Keeping the consultation process alive, the newly-elected MLAs had authorised Kharge to appoint the new CLP leader, after which the scene shifted from Bengaluru to Delhi. The observers also held one-on-one consultations with all MLAs and sought a secret ballot from all of them, the results of which were tabulated and shared with party chief the next day.

In the national capital, the three observers along with party general secretary (organisation) K C Venugopal and AICC general secretary in-charge Randeep Surjewala arrived and held a meeting with Kharge.

With Siddaramaiah emerging as the frontrunner in the race and after the report of observers, the party leadership asked him and Shivakumar to arrive in Delhi for further consultations. While Siddaramaih arrived on Monday evening, Shivakumar cancelled the meeting citing health issues.

This complicated the situation for the party as it hardened its stand against Shivakumar, who arrived the next day.

Tuesday saw the entry of Rahul Gandhi in the consultation process, who drove down to Kharge's residence and held a meeting on the Karnataka government formation for over an hour-and-a-half.

A series of fresh consultations started once again with Kharge meeting both of them separately, as also with the two general secretaries on Tuesday.

The final round of talks started on Wednesday when both the leaders met Rahul Gandhi at his residence. In the meantime, Shivakumar and Siddaramaiah also spoke to Sonia Gandhi, who was away in Shimla on a vacation. Sonia also asked Shivakumar to speak to Kharge and Rahul to sort out the matter, sources said.

The hectic parleys continued from Monday and went on till the wee hours of Thursday to break the deadlock in deciding on the Congress' chief ministerial pick in Karnataka as both Siddaramaiah and Shivakumar presenting their cases before the top brass.

The leadership issue in Karnataka lingered as Shivakumar had dug his heels in and asserted that he be made the chief minister as the party staged a stunning victory in the southern state under his presidency.

Sources said after Rahul Gandhi told both the leaders to sit together and work out a solution with Kharge, it was the party chief who told Siddaramaiah and Shivakumar to hold talks with Venugopal and Surjewala, and sort out the differences and agree to Siddaramaiah as chief minister, whose leadership abilities and mass support helped him clinch the top post.

The decision, sources said, was chalked out in the wee hours of Thursday when all parties agreed to accomodate confidantes of both the leaders and asked Shivakumar to continue on the post of state Congress chief till the next year's Parliamentary elections.

To maintain his number 2 position in the Karnataka government, Shivakumar was made the only deputy chief minister.

The chief minister and his deputy along with over 20 ministers in the cabinet would take oath on May 20 in Bengaluru, where leaders of several political parties would also be invited.

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News Network
April 7,2025

Mangaluru, Apr 7: A price storm is brewing in Mangaluru’s hotel and restaurant industry. Faced with skyrocketing raw material costs and mounting overheads, hoteliers are preparing to hike food prices by up to 10% within a month — a move that could hit the pockets of thousands of diners across Dakshina Kannada.

From milk and oil to LPG and staples like rice and toor dal, prices have surged, pushing both vegetarian and non-vegetarian establishments to the brink. Over 65% of hotels operate in rented spaces, and labour shortages are adding fuel to the fire.

Swarna Sunder of Dinki Dine says running a hotel without burdening customers is becoming near-impossible. “Costs are rising daily. We’re trying to strike a balance, but a hike is inevitable,” he said, calling Mangaluru a highly price-sensitive market.

Industry leaders, including the Dakshina Kannada Hotel Owners Association, are expected to meet soon to formalize the revision.

Meanwhile, hoteliers blame "unhealthy competition" for further disrupting the sector. “Some serve unlimited fish meals under ₹60 — it’s unsustainable and unfair,” said a hotelier, adding that such practices are forcing smaller eateries to shut shop.

Chandrahas Shetty, president of the district association, confirmed that rising input costs have left them with little choice but to revise menus.

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News Network
April 8,2025

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Bengaluru: The results of the PUC 2 examination one were announced today with an over all pass percentage of 69.16 as against the 81.15% in the 2024 exam 1.

Due to several examination reforms, including installation of Artificial Intelligence (AI) enabled CCTV cameras in the examination hall to check malpractices and webcasting of the entire process, the results seem to have dipped by 11.99% compared to the previous year.

The results will be available online after 1:30pm. Candidates can visit http://karresults.nic.in to check their results.

Amoolya M Kamath from Expert PU college Dakshina Kannada, Deeksha R from Vagdevi PU College Shivamogga have topped the state in science stream by scoring 599 for 600.

In Commerce Deepashree S from Canara PU College Dakshina Kannada emerged as topper with 599 out of 600 and in Arts LR Sanjana Bai of Indu Independent PU college Kottur in Ballari bagged the first place by scoring 597.

Minister for School Education and Literacy Madhu Bangarappa released the results and said, "students those who have failed or those who wish to improve their marls can take exam 2 and 3. We will not be charging any fee for exam 2 and 3."

"I will not say students are failed. As the exam process will complete only after 3rd exam, we have hopes to improve the results by 3-4%," he mentioned.

"We have opportunity to improve the results. We have conducted the exams with complete vigil by preventing all the malpractices by monitoring through webcasting," said the minister.

For exams 1 total of 6,37,805 were appeared of which 468439 managed to clear the exams.

This time department has not given any grace marks, except the one which awards to push those who were in border line. "There were over 8297 students in the borderline and pushed with the grace as per scheme of evaluation," the minister added.

Udupi Leads Again

The coastal district of Udupi has emerged as the top performer once again, recording a remarkable 93.90% pass rate, as per a report on One India. Dakshina Kannada followed closely with 93.57%, while Bangalore South stood third at 85.36%. At the bottom of the list, Yadgir reported the lowest pass percentage with 48.45%.

Here are the top 10 performing districts:

Udupi – 93.90%
Dakshina Kannada – 93.57%
Bangalore South – 85.36%
Kodagu – 83.84%
Bangalore North – 83.31%
Uttara Kannada – 82.93%
Shimoga – 79.91%
Bangalore Rural – 79.70%
Chikmagalur – 79.56%
Haveri – 76.56%

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News Network
April 1,2025

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As the new financial year begins, several significant financial and tax-related changes take effect from April 1, 2025. Many of these updates were announced by Finance Minister Nirmala Sitharaman in the Union Budget 2025 and have now been officially approved as part of the Finance Bill 2025.

Some of the key changes include income tax exemption on annual earnings up to Rs 12 lakh, deactivation of UPI for long-unused mobile numbers, and suspension of dividend payouts for individuals who haven’t linked their PAN with Aadhaar. Below is a comprehensive look at all the important updates.

1. Income Tax Exemption & New Tax Slabs
Under the revamped tax regime:
✅ Individuals earning up to Rs 12 lakh per year will be completely exempt from income tax.
✅ For salaried employees, a standard deduction of Rs 75,000 raises the effective tax-free limit to Rs 12.75 lakh.
✅ To claim a rebate of up to Rs 60,000, taxpayers must file their returns on time.
✅ The new tax structure applies to income earned between April 1, 2025 – March 31, 2026, and will be reflected in ITR filings for FY 2025-26 (AY 2026-27).

2. Major Changes in TDS & TCS Rules
To provide tax relief and streamline transactions, several TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) amendments have been introduced:
🔹 TDS on bank interest for senior citizens has doubled from Rs 50,000 to Rs 1 lakh.
🔹 TDS on dividend income has increased to Rs 10,000.
🔹 TCS on overseas remittances under the Liberalised Remittance Scheme (LRS) has been raised from Rs 7 lakh to Rs 10 lakh.

3. UPI Deactivation for Inactive Mobile Numbers
The National Payments Corporation of India (NPCI) will start unlinking UPI IDs associated with inactive mobile numbers. If your number has been inactive for a long period:
🔸 Your bank may remove it from their records.
🔸 You could face disruptions in Google Pay, PhonePe, or any UPI-based transactions.
🔸 This change enhances security by preventing unauthorized access to old UPI-linked accounts.

4. New GST Rules
Several Goods and Services Tax (GST) updates take effect:
🔹 Multi-factor authentication (MFA) is now mandatory for logging into the GST portal, improving online security.
🔹 E-way bills can only be generated for documents issued within the last 180 days, ensuring better compliance.
🔹 Hotel room tariffs above Rs 7,500 per day are now classified as "Specified Premises," attracting an 18% GST on restaurant services.

5. Toll Tax Hike Across National Highways
From April 1, 2025, toll charges across various highways will increase:
🚗 Delhi-Meerut Expressway, NH-9: Toll for cars will rise by Rs 5 to Rs 170.
🚛 Trucks and buses will now pay Rs 580 on major highways.
🚗 Delhi-Jaipur Highway: The Kherki Daula toll plaza will maintain current rates for cars, but the monthly pass for larger vehicles will rise by Rs 20 to Rs 950.

6. End of Equalisation Levy on Digital Transactions
The Finance Act 2025 removes the Equalisation Levy, which previously imposed a 2% tax on e-commerce and 6% on online advertisements. This change aims to:
✅ Reduce tax burden on digital service providers.
✅ Attract foreign investments in India’s digital economy.

7. Positive Pay System for Cheque Payments
To prevent bank fraud, the Positive Pay System requires account holders to:
✅ Electronically submit cheque details for payments above Rs 50,000.
✅ Ensure the details match before the cheque is processed.

8. KYC Mandatory for Mutual Fund & Demat Accounts
🔹 KYC (Know Your Customer) verification is now compulsory for mutual fund and demat accounts.
🔹 Nominee details will also undergo re-verification to enhance security.

9. Major Credit Card Perk Reductions
Credit card users will see major perk reductions, particularly with SBI, IDFC First, and Axis Bank:
❌ SBI Cards will remove complimentary insurance coverage for accidents (Rs 50 lakh for air, Rs 10 lakh for rail).
❌ Reward points on SBI Cards will be slashed from 15% to just 5%.
❌ IDFC First Club Vistara cardholders will lose milestone benefits and Club Vistara Silver membership perks.
❌ Axis Bank is discontinuing Maharaja Club tier memberships and premium vouchers.

10. Minimum Balance Rules for Bank Accounts
📌 Major banks like SBI, PNB, and Canara Bank have updated their minimum balance requirements based on account location:
🏙 Urban branches will require higher minimum balances.
🏡 Rural and semi-urban accounts may have lower minimum balance thresholds.
🚨 Failing to maintain the required balance will result in penalty charges, varying by bank.

11. Unified Pension Scheme (UPS) for Government Employees
The Unified Pension Scheme (UPS), introduced in August 2024, takes effect:
✅ Central government employees under NPS can opt for UPS.
✅ Those with at least 25 years of service will receive 50% of their average basic salary as a monthly pension.

Final Thoughts

These changes, introduced as part of the Union Budget 2025, mark a significant shift in India's tax, banking, and digital transaction landscape. With higher tax exemptions, updated TDS & TCS rules, stricter banking security, and GST amendments, the new financial year aims to simplify compliance while improving financial security and economic efficiency.

Stay informed and ensure all necessary updates to your financial accounts to avoid disruptions.

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