Karnataka govt likely to continue 10% cut on property guidance value for another 3 months
Bengaluru(PTI): Karnataka Revenue Minister R Ashoka on Friday indicated that the state government is likely to extend the 10 per cent cut on property guidance values in the state for a period of another three months, following demand from people across sectors.
The Minister said he was "positively considering" in this regard, and will take a decision after consulting Chief Minister Basavaraj Bommai.
"I had earlier slashed the property guidance value by 10 percent for three months....it was for the benefit of the people, there has been good response to it from across the state. We have been able to generate Rs 1,300 crore more revenue than the set target of Rs 12,000 crore," Ashoka said.
Speaking to reporters here, he said, there has been demand from people across sections to extend it for another three months, and that he was positively considering it in good faith.
"The three months have ended on March 31, there has been demand to extend it for another three months. I'm considering it in good faith. I will discuss it with the Chief Minister, as people have liked this reform, and I will issue an order after consulting the CM," he added.
The guidance value is the minimum selling price of a property fixed by the government, depending on the locality and type of structure.
The state government on January one slashed the property guidance value across the state by 10 per cent for a period of three months in a move aimed at providing an opportunity for people to get registrations done at the earliest.
Ashoka had then said, it is applicable across the state on purchase of property, whether it is a revenue land, site, building or a flat.
This is an offer for those who are buying time with the General Power of Attorney (GPA) and agreements on properties; also for those who are planning for property registrations, he had said.
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Excise scam: ED seeks judicial custody for Kejriwal after he surrenders on June 2
New Delhi, May 20: The ED on Monday sought extension of Delhi Chief Minister Arvind Kejriwal's judicial custody after he surrenders on June 2 in an excise policy-linked money-laundering case.
The Enforcement Directorate (ED) moved the application before Special Judge for ED and CBI Kaveri Baweja, seeking 14-day judicial custody for Kejriwal when he surrenders on June 2, claiming that the period of judicial custody granted earlier ends on Monday.
Kejriwal is out on interim bail till June 1 following an order of the Supreme Court, which has directed him to surrender on June 2.
The ED, meanwhile, told the court that there is sufficient evidence against Kejriwal and co-accused, Bharat Rashtra Samithi (BRS) leader K Kavitha, to put them on trial in the case.
The central probe agency made the submission in support of its supplementary charge sheets filed against both the politicians.
The judge will continue hearing the ED's arguments on the point of taking cognisance of the charge sheets on Tuesday.
The judge, meanwhile, also extended till June 2 Kavitha's judicial custody in the money-laundering and corruption cases, lodged by the ED and the Central Bureau of Investigation (CBI) respectively, in connection with the scam.
The excise case pertains to alleged corruption and money laundering in the formulation and execution of the Delhi government's now-scrapped excise policy for 2021-22.
Lt Governor VK Saxena recommended a CBI probe into the alleged irregularities. Subsequently, the ED filed a case on August 22, 2022, taking cognisance of the CBI FIR that was lodged on August 17, 2022.
