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Draft budget

PMC recovers Rs 560 crore as property tax

PMC recovers Rs 560 crore as property tax
The property tax department of Pune Municipal Corporation (PMC) was able to recover Rs 560 crore as property tax for the fiscal year April 2012- February 2013. As per an official, it is for the first time that the civic body is able to collect such an amount in less than a year. The civic [...] Continue Reading »

PMC presents budget of Rs 4,167 crore

PMC presents budget of Rs 4,167 crore
Pune Municipal Corporation (PMC) has recently announced the budget for financial year 2013-14. The chairman of the standing committee of the civic body presented a budget of Rs 4167.50 crore for this fiscal year. Earlier, municipal commissioner had presented a budget of Rs 3605.02 crore which was increased by Rs 534.48 crore to the present [...] Continue Reading »

Civic panel rejects property, water tax hike proposal

Civic panel rejects property, water tax hike proposal
Nashik-  Last week, the Nashik Municipal Corporation standing committee  rejected the property and water tax hike for all the residential areas. This hike was proposed by the municipal commissioner following the civic Budget 2013-14. However other proposals were approved by the standing committee based on few amendments. A draft budget of Rs. 1,556.80 crore was  presented by [...] Continue Reading »

PCMC spends 40% of funds allocated for development

PCMC spends 40% of funds allocated for development
Pimpri Chinchwad Municipal Corporation (PCMC) is able to spend only 42% of the total fund which was allocated to the civic body for capital intensive development works for the financial year 2012-13. Earlier, Rs 741.95 crore was provided in the 2012-13 budget which was increased to Rs 789.81 crore in the revised budget. However, the [...] Continue Reading »



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