While the BMC budget was slashed by Rs 12,000 crore this year, the Thane Municipal Corporation’s (TMC) budget, unveiled by civic chief Sanjeev Jaiswal yesterday, saw a Rs 900 crore hike. Despite this, the TMC has announced a 10 per cent rise in property tax for its citizens. Angry Thaneites are now accusing the ruling Shiv Sena of reneging on pre-poll promises of cutting down taxes on properties.

Jaiswal made a series of announcements in terms of development projects in Thane and presented it before the new Mayor Meenakshi Shinde. The TMC yesterday announced a mega budget of Rs 3,390.78 crore for the year 2017-18. Incidentally, Shiv Sena had promised that property tax would not be levied on flats with an area of 500 sqft.