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Revenue from Property Tax revised to Rs 4,500 cr from last year's Rs 6,000 crore
Updated On: 02 February, 2024 01:12 PM IST | Mumbai | mid-day online correspondent
In the BMC Budget 2024 speech, the civic body said that in the financial year 2023-24, revenue from property tax was estimated to Rs 6,000 crore which is revised to Rs 4,500 crore, a fall by Rs 1,500 crore
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BMC Commissioner Dr Iqbal Singh Chahal on Friday presented the BMC Budget 2024. Pics/BMC
The Brihanmumbai Municipal Corporation (BMC), India`s richest civic body, on Friday presented a Rs 59,954.75 crore budget for the year 2024-25. The BMC budget, this time estimates 10.5 per cent higher than the Rs 54,256.07 crore amount for 2023-24.
The civic administration`s budget was presented by municipal commissioner Dr Iqbal Singh Chahal.
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