A special meeting has been convened at the MCD headquarters on March 28 to discuss and deliberate on the civic budget, officials said on Saturday. As required by norms, the civic budget is to be cleared by March 31.
The MCD passed the "schedule of taxes" in the civic budget for 2023-24 on February 15.
But, the remaining budget process was stalled as the standing committee of the civic body is yet to be elected.
The Municipal Corporation of Delhi is "exploring options" to have the remainder of the civic budget cleared by March 31, official sources said on Friday.
The MCD on Saturday said in a statement, the special budget meeting" of MCD for budget proposals for the revised estimates for the year 2022-2023 and 2023-2024 would be held on Tuesday at Aruna Asaf Ali Meeting Hall at 2 pm.
Earlier, the MCD had also written to the Delhi government to seek permission to call a special session for clearing the budget before March end.
If the entire budget doesn't get passed by March 31, things may "get into a limbo", a source said on Friday.
The allocations made to various departments in a civic budget is key to proper civic functioning.
The "schedule of taxes" was passed by the special officer of the MCD, whose office ceased to exist after the election of the Delhi mayor.
The taxes, rates and cesses to be levied in 2023-24 will remain the same that are prevalent as of today, the MCD said in a statement on February 15.
The municipal commissioner had presented the MCD budget in December and included the Revised Estimate for 2022-23 and the Budget Estimate for 2023-24, an official source said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)