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Mumbai hopes to generate Rs 1.4 lakh crore in revenues in the next seven years

Iqbal Singh Chahal sheds light on BMC’s financial strategies and infrastructure plans during Q&A session

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BMC Commissioner Chahal (Centre) along with Additional Commissioner Ashwini Bhide (Left) presented the annual budget. Pic/Anurag Ahire

BMC Commissioner Chahal (Centre) along with Additional Commissioner Ashwini Bhide (Left) presented the annual budget. Pic/Anurag Ahire

The Commissioner, I S Chahal, addressed various budgetary provisions and projects of the BMC during a Q&A session with the media. However, he did not provide any information regarding a potential hike property tax in the upcoming year, and there was no mention of such a hike in the budget speech either.

Will MLAs receive funds from the BMC in the next year, despite the controversy surrounding the issue?
The decision regarding MLA funds is made at the state level, and the approval of the guardian minister is necessary for fund allocation. 

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