Monday, 15 February 2016

Delhi's municipal crisis

Municipalities are starved out of funds. There is no credible data available regarding resource utilisation at city levels which makes planning all the more difficult.
Way out:
Provide tax exemptions for municipal bonds.
Property tax, stamp duties, entertainment tax and profession tax need to be given to municipalities.
FRBM Act for Municipalities.
Audit of accounts of municipalities by CAs.
Address acute shortage of skilled staff in the revenue departments of municipalities.

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