Updated On: 02 February, 2018 11:05 AM IST | Mumbai | Laxman Singh
With no octroi to lean on, the BMC might find it a taxing affair to fund its budget for the coming year


Representation pic
With no octroi to lean on, the BMC might find it a taxing affair to fund its budget for the coming year. The octroi was the civic body's largest source of revenue - accounting for 40% - but now that it has been abolished and replaced by the Goods and Service Tax (GST), the Corporation is walking a thin line in terms of financial stability.