BMC is a local government of Mumbai city in a way. Handles responsibility for the maintenance and development of the city. Increasing the scope of its income, now BMC will also collect property tax from slums. These will be slums that are being used for commercial work. This was the important announcement in the BMC budget today.
More than half of the population of Mumbai city is a settlement in such slums and now these slums will also come under the purview of property tax. The city has about 2.5 lakh slums. Of these, about 50,000 slums are used for commercial work such as shops, godowns, hotels and small industries. Since BMC also provides facilities here. Therefore, BMC is planning to raise revenue of Rs 350 crore by taxing these businesses.
According to BMC, more better facilities can be provided to the slums with this money. What can prove to be important in improving the overall position of the slum region in Mumbai? To know the response, Lokjanta also reached the slums of Mumbai and said to those traders who run their small business in such slums.
Vax Pop said that if facilities are available then we have no problem. But here we keep paying money to BMC and government in different ways. Don’t know what they want from us now?
As of December 2024, BMC earned 28,308 crore, which was received from property compensation, development charge, property tax.
Praising the announcements in the budget, Maharashtra Deputy Chief Minister Eknath Shinde claims that not only the income has increased but corruption has also ended. In view of the upcoming BMC elections, there is a discussion that the ruling Mahayuti government has a mark on this budget.