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BMC eyes revenue boost through land, tax, and policy reformsThe BMC has decided to levy property tax on these commercial ... progress and will be finalised soon. Entertainment tax/fee The current exemption on entertainment tax is valid until September ...
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Mumbai: BMC Collects ₹5,847 Crore In Property Tax By December 31, Aims To Meet 2024-25 TargetHowever, the BMC's revenue collection has declined in recent years, largely due to the exemption of property tax for residential properties up to 500 sq ft and the lack of a tax revision since ...
“The holding tax arrears in the city have exceeded Rs 80 crore, significantly affecting BMC’s revenue earnings,” he said. The BMC has been able to collect only about half of the total ...
The Brihanmumbai Municipal Corporation (BMC) has recovered Rs 5069.77 crore in property tax from April 2024 to February 2025, marking its highest collection in three years. The civic body ...
In a robust campaign led by the BMC against unauthorised constructions across Mumbai, around 6,613 properties in the eastern and western suburbs were slapped with a hefty 200% property tax penalty ...
In a move to recover pending property taxes, the Brihanmumbai Municipal Corporation (BMC) has initiated stringent measures against DBS Reality Company, a major defaulter with outstanding dues ...
Mumbai: With just one month left until the end of the financial year, the BMC has successfully collected Rs 5,069 crores in property tax revenue, compared to Rs 6,200 crores projected for 2024-25.
The BMC has decided to levy property tax on these commercial ... progress and will be finalised soon. Entertainment tax/fee The current exemption on entertainment tax is valid until September ...
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