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Bhubaneswar: Odisha Assembly of Small & Medium Enterprises (OASME) in association with FUTUREX TRADE FAIR AND EVENTS PVT LTD., New Delhi today announced their forthcoming “PROPACK ODISHA-2023” and “ODISHA PLAST-2023” from 29th September to
Mumbai: Eye on 2022 polls, BMC budget focusses on health & infrastructure
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MUMBAI: Brihanmumbai Municipal Corporation Commissioner Iqbal Singh Chahal presented his first civic budget for the financial year (FY) 2021-22 on Wednesday. Despite the massive revenue shortfall, the budgetary estimate for the financial year 2021-22 has been pegged at Rs 39,038.83 crore, which is 16.74 per cent higher than that of the budget for FY 2020-21 (Rs 33,441.02 crore).
The civic budget, with a focus on infrastructure, health, education and transport, has introduced no new taxes while also deferring the revision in the property tax rate this year too.
The overall budget estimate of the revenue income for the financial year 2020-21 was Rs 28,448.30 crore, which was revised to Rs 22,572.13 crore, a reduction of Rs 5,876.17 crore. The budget estimate for the financial year 2021-22 for revenue income is proposed to be Rs 27,811.57 crore, Rs 636.73 crore less than that of 2020-21.