Karnataka / The Times of India
The Indian Space Association (ISpA) has proposed the designation of the space sector as critical infrastructure, which would bring benefits such as GST rebates and tax exemptions. They also suggest expanding the Production Linked Incentive (PLI) scheme and extending GST exemptions to crucial space components. Proposals also include reduced foreign borrowing tax rates and reasonable spectrum charges.
A 30-year-old man from a village in Ramadurg taluk, accused of raping a five-year-old girl, was found hanging. The incident occurred after the girl reported the crime to her parents. The body has been sent for a post-mortem, and a case has been registered at Ramadurga police station.
Despite Karnataka's share in central taxes being reduced to 3.6%, the state expects to receive more funds due to the Centre's revenue increase from direct and indirect taxes. Karnatakas tax collection merits a higher allocation, but its reduced devolution percentage limits additional funds. Experts suggest seeking increased grants for specific schemes.