https://www.taxtmi.com/news?id=32870 The Brihanmumbai Municipal Corporation presented a Rs 74,427.41 crore budget for FY 2025-26 with no general hike in property or water taxes, reallocating expenditure toward capital projects and projecting a modest surplus. It introduces a targeted property tax on commercial establishments operating from slum areas to raise additional revenue, identifies key receipts including compensation for abolished Octroi and Development Plan fees and premiums, and allocates funds for priority services including the civic bus undertaking. en-us Tue, 04 Feb 2025 17:46:02 +0530 Tue, 04 Feb 2025 17:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=32870 The Brihanmumbai Municipal Corporation presented a Rs 74,427.41 crore budget for FY 2025-26 with no general hike in property or water taxes, reallocating expenditure toward capital projects and projecting a modest surplus. It introduces a targeted property tax on commercial establishments operating from slum areas to raise additional revenue, identifies key receipts including compensation for abolished Octroi and Development Plan fees and premiums, and allocates funds for priority services including the civic bus undertaking. News - Tue, 04 Feb 2025 17:46:02 +0530 https://www.taxtmi.com/news?id=32870