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Mumbai: Income remains a problem for cash-rich BMC

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Updated on: 31 January,2023 06:10 AM IST  |  Mumbai
Prajakta Kasale | prajakta.kasale@mid-day.com

Civic body has not made much money this financial year apart from the regular Octroi and property tax collections

Mumbai: Income remains a problem for cash-rich BMC

BMC headquaters. File Photo

The Brihanmumbai Municipal Corporation (BMC) has not succeeded in increasing its revenue through various sources mentioned in the previous budget (2022-23). While property tax, the BMC’s fixed source, dwindled, the civic body wasn’t able to increase revenue despite implementing user fee for solid waste management, seeking reimbursement of COVID-19 expenditure worth Rs 2,500 crore from district collectors or even through pending dues from the state government.

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