BMC to Present 2026-27 Budget Focused on Infrastructure Without Tax Hike
The BMC is set to present its 2026-27 budget on February 24, the first after the recent civic elections and under the BJP's leadership. The budget will not include any direct tax increases. It will emphasize ongoing infrastructure projects valued at Rs 2.32 lakh crore, such as the Gargai Dam, a proposed desalination plant, and upgrades to sewage treatment plants.
The total budget for 2025-26 was Rs 74,427 crore. Financially, the BMC has reduced property tax but introduced levies on commercial units in slum areas, with pending dues reaching Rs 22,565.38 crore. The budget presentation will mark Municipal Commissioner Bhushan Gagrani's last, as he retires on March 31.
