Property tax powers Chandigarh civic body's ₹134 crore own revenue haul

Chandigarh's municipal corporation generated ₹134.47 crore in revenue from April to June, primarily from property tax, which yielded ₹64.8 crore. Total receipts, including a ₹300-crore grant from the UT administration, reached ₹434.47 crore, while expenditures totaled ₹254.45 crore. The corporation anticipates lower property tax receipts in the coming months due to the recent rebate period.

Read the source (ET Realty Regulatory)

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