MCC Budget For 2021-2022: Here Are Some Key Points Which Are Included

MCC Budget For 2021-2022: Here Are Some Key Points Which Are Included

January 29:  Mangalore City Corporation (MCC) presented a surplus budget,  of ₹ 317.18 crore that includes an opening balance of ₹ 283.53 crore, expected revenue of ₹ 609.92 crore and expenditure of ₹ 576.28 crore for the financial year 2021-22

Standing Committee on Taxation, Finance and Appeals chairman Kiran Kumar said that the vision of 2021-22 budget will be on additional importance for nature and water conservation, emphasis on hygiene and cleanliness, special importance for welfare, health and education sectors, importance to complete the pending developmental works and priority will be given to administration and economic improvement. The corporation has already provided online facility for trade license renewal and water bill payment. He said that the corporation is taking steps, including survey to identify properties that have been left out of the tax net, to enhance tax mobilization.
As property tax is the main source of income, the corporation identified 2,05,003 additional assets. Kiran Kumar said that measures will be taken to increase income source by identifying unidentified assets under property taxation.

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