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UT falls ₹700 crore short of projected tax revenue

Hindustan Times Chandigarh

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January 28, 2025

The admn managed to earn ₹4,338 crore revenue in 3 quarters, against its annual target of ₹6,112 crore

- Hillary Victor

CHANDIGARH: Even though the Chandigarh municipal corporation is passing through financial straits, the UT administration is also facing challenges, with a shortfall of ₹700 crore in tax revenue against the projected income as of December 31, 2024.

According to figures updated by the Comptroller and Auditor General of India (CAG), out of a total revenue expenditure of ₹5,858 crore, the administration incurred ₹5,053 crore in expenditure by December 31, 2024, leaving ₹708 crore to be spent in the last quarter.

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