Home / News / India News / Article /
BEST to impose 'transport cess' on Mumbaiites
Updated On: 06 October, 2013 12:42 PM IST | | Shashank Rao
In a desperate bid to curtail losses, BEST management approves proposal to impose 'transport cess' on millions of Mumbaiites who pay property tax, forwards plan to BMC for approval
In a bid to keep the Brihanmumbai Electricity Supply and Transport (BEST) afloat away from losses, on Saturday, they are looking at the option of creating a ‘transport cess’ and proposeu00a0its parent body, the Brihanmumbai Municipal Corporation (BMC) to include it in property tax or any other tax structure applicable to all Mumbaiites. SUNDAY MiD DAY was first to report in its article ‘BEST wants a share of your property tax’ published on July 21, about this proposal being mooted by the BEST, which is being done in a bid to save itself from debts.

For more than 10 years, the BEST’s finances have nose dived, as their balance sheets have been seeing a deficit. File Pic




