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There has been nearly 10 percent hike in the BMC budget for 2020-21 which is Rs 33,441.02 crore. Last year it was Rs 30,692 crore @shailesh505 @SachinKalbag
Due to a slowdown in the real estate sector, property tax outstanding dues have reached Rs 15000 crore. #BMCBudget2020
After state government directed BMC to exclude flats having carpet area upto 500 square feet from paying property tax, it has resulted in reduction of Rs 335 crore in annual demand. @shailesh505 @SachinKalbag
