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Friday, November 21, 2025
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HomeIndiaMaharashtra Finance Commission stresses need for civic bodies to boost income

Maharashtra Finance Commission stresses need for civic bodies to boost income

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Thane, Nov 21 (PTI) The 6th Maharashtra State Finance Commission has underscored the need for municipalities in the state to strengthen their income sources to deliver essential civic services more effectively.

The Commission on Thursday conducted a review here of the financial condition of municipalities across Maharashtra.

According to a release by the Thane Municipal Corporation on Friday, Commission Chairman Nitin Karir said that municipalities must increase their revenues and “adopt government-recommended guidelines after reviewing their current financial situation”.

Suggestions were given to revise tax structures, strengthen administrative discipline, and ensure that stamp duty collected by the state is distributed to municipalities as per fixed percentages, it said.

Karir advised municipal bodies to prepare realistic and financially disciplined budgets for the next fiscal year to prevent additional financial burden and ensure sustainable civic administration, the release added. PTI COR NR

This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.

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