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Rs 1,919 crore Property Tax arrears haunt NMC, nearly one-third of city budget
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Rs 1,919 crore Property Tax arrears haunt NMC, nearly one-third of city budget
Nagpur: In a glaring indicator of mounting financial stress, the Nagpur Municipal Corporation (NMC) is grappling with a staggering Rs 1,919 crore in unpaid property tax, owed by as many as 4.54 lakh defaulting properties across the city. The outstanding amount is equivalent to nearly one-third of Nagpur’s proposed budget of Rs 5,857 crore for the financial year 2026–27. Official data reveals that long-term defaulters form the bulk of the arrears…
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