PUNE: The revenue era of the Pune Municipal Corporation (PMC) could fall wanting the objective via Rs 1,500 crore this monetary year.
The assets tax division of the PMC will fight to satisfy its goal of round Rs1,800 crore and would possibly fall short via Rs600 crore. The source of revenue from different resources, like sky sign and development permission departments, are also likely to be lower than the objective.
“The price range has been reviewed. According to our number one estimate, we are likely to fall short via round Rs1,500 crore. The departments of the civic administration are making efforts to extend the revenue,” mentioned Tushar Daundkar, the deputy commissioner of the PMC.
According to the civic officials, the pending dues of taxes and deficient recovery are the key reasons for the shortfall in source of revenue. The sky sign division of PMC has the objective of generating revenue of round Rs90 crore. But it has controlled to earn round Rseight crore in 3 quarters of the present fiscal. The construct permission division earned round Rs400 crore from construction charges and permissions fees.
“After the abolition of the Octroi and Local Body Tax (LBT), the PMC is extremely dependent on the grants from the state and Union governments. Till date, it has hardly ever got round 70% of the total revenue expected from each the governments. Constant follow-u.s.with the state and Union governments are not yielding expected effects,” mentioned a source within the PMC.
The status committee of the PMC in February last year approved the price range of Rsfive,870 core for the 2018-19 monetary year. The price range was once scaled down for most probably aid within the source of revenue via Rs42 crore in comparison to last fiscal. The price range for the 2017-18 monetary year was once Rsfive,912 crore.
Building permission, electrical, anti-encroachment, health, highway and visitors departments factor more than a few work orders as part of the price range execution.
Major Jatar S C N Jatar (retd) of Nagari Chetna Manch, a citizens’ workforce, mentioned, “The price range will get inflated as a result of political power. The elected members wish to come with their widespread tasks within the price range to realize mileage. So, unachievable revenue goals are set.”
He mentioned the PMC had no longer been in a position to get well cash from the defaulters and to find new resources of revenue. Even the available resources like rent from municipal homes have no longer been explored properly.
The assets tax division of the PMC will fight to satisfy its goal of round Rs1,800 crore and would possibly fall short via Rs600 crore. The source of revenue from different resources, like sky sign and development permission departments, are also likely to be lower than the objective.
“The price range has been reviewed. According to our number one estimate, we are likely to fall short via round Rs1,500 crore. The departments of the civic administration are making efforts to extend the revenue,” mentioned Tushar Daundkar, the deputy commissioner of the PMC.
According to the civic officials, the pending dues of taxes and deficient recovery are the key reasons for the shortfall in source of revenue. The sky sign division of PMC has the objective of generating revenue of round Rs90 crore. But it has controlled to earn round Rseight crore in 3 quarters of the present fiscal. The construct permission division earned round Rs400 crore from construction charges and permissions fees.
“After the abolition of the Octroi and Local Body Tax (LBT), the PMC is extremely dependent on the grants from the state and Union governments. Till date, it has hardly ever got round 70% of the total revenue expected from each the governments. Constant follow-u.s.with the state and Union governments are not yielding expected effects,” mentioned a source within the PMC.
The status committee of the PMC in February last year approved the price range of Rsfive,870 core for the 2018-19 monetary year. The price range was once scaled down for most probably aid within the source of revenue via Rs42 crore in comparison to last fiscal. The price range for the 2017-18 monetary year was once Rsfive,912 crore.
Building permission, electrical, anti-encroachment, health, highway and visitors departments factor more than a few work orders as part of the price range execution.
Major Jatar S C N Jatar (retd) of Nagari Chetna Manch, a citizens’ workforce, mentioned, “The price range will get inflated as a result of political power. The elected members wish to come with their widespread tasks within the price range to realize mileage. So, unachievable revenue goals are set.”
He mentioned the PMC had no longer been in a position to get well cash from the defaulters and to find new resources of revenue. Even the available resources like rent from municipal homes have no longer been explored properly.
PMC faces revenue deficit of Rs 1,500 crore
![PMC faces revenue deficit of Rs 1,500 crore]()
Reviewed by Kailash
on
January 03, 2019
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