Indore
IMC Revenue did wonders in Indore! Indore Municipal Corporation (IMC) crossed 1000 Crore Milestone through Indore Tax Collection. This record in the financial year 2024-25 is 27.5% more than 785 crore in the previous year. Property tax, water tax and other services achieved this feat, for which the IMC kept the counter open till late night.
So it is such that it is common for Indorio to make records, whether it is about cleanliness or eating poha, but Bhia our IMC is nothing less, Indore Municipal Corporation (IMC) has created history in IMC Revenue. In the Financial Year 2024-25, the IMC crossed 1000 Crore Milestone through the Indore Tax Collection, which turned out to be 27.5% more than 785 crores last year.
In Indore, IMC crossed the Revenue Collection of 1000 Crore, 27.5% more tax collection from last year, records made from property tax and water tax, know how this is amazing.
Being the last day of the financial year on 31 March, the IMC kept its counter on till late night, the 1000 crore mark crossed by 8:30 pm. Mayor Pushyamitra Bhargava Bhia and IMC Commissioner Shivam Verma Ji said that due to the awareness, strictness and regular monitoring of the taxpayers, it was possible.
How did 1000 Crore Milestone achieve in IMC Revenue?
IMC took several steps to reach 1000 Crore Milestone in IMC Revenue. Property tax and water tax were focused on property tax to increase Indore Tax Collection. The water tax collection increased from 29 crores to 125 crores last year. IMC launched a campaign from December to collect the remaining tax from 34 government departments, and shifted 108 colonies from Lower Tax Slab to Higher Slab. Strictness was also shown, such as a property sealing a property in Bhicholi masculine due to the remaining tax of Rs 12.35 lakh.
Indore tax collection’s success and increased tax presser on middle class
This success of Indore Tax Collection has strengthened the financial health of IMC, and will be used in the city’s infrastructure development, such as making Bilawali Lake a water sports hub. But some questions are also arising from the strictness to increase IMC Revenue. Property tax and water tax rates in Indore are already high, and door-to-door waste collection fees are also not free. Some people say that the pressure on the middle class is increasing due to increase in tax. On the other hand, IMC says that this record was made due to regular review and monitoring
