Property tax single largest source of revenue for MCC
The Hindu
The 2021-22 budget of the Mysuru City Corporation (MCC) projects a revenue of ₹987.68 crore and anticipates an expenditure of ₹981.55 crore. The revenue through property tax is one of its major source
The 2021-22 budget of the Mysuru City Corporation (MCC) projects a revenue of ₹987.68 crore and anticipates an expenditure of ₹981.55 crore. The revenue through property tax is one of its major source of income and it has projected to accrue ₹188.44 crore under this head during 2021-22 as against ₹132.16 crore realised during the previous financial year. Tariff on water supply and UGD cess is expected to accrue ₹65 crore as against ₹54.12 crore realised last year.
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