BMC to Levy Property Tax on Commercial Establishments in Slums, Eyes Rs. 350 Crore Revenue Boost
📅 February 10, 2025
The Brihanmumbai Municipal Corporation (BMC) plans to levy property tax on commercial establishments operating in slum areas, targeting about ₹350 crore in additional revenue for 2025-26. The proposal was outlined in the civic budget. Bringing slum-based commercial units into the tax net widens the city's revenue base, though implementation will depend on surveying and identifying eligible establishments.
