No tax hike in ₹5,709.95-cr 'liveability enhancing' budget for Navi Mumbai

The Navi Mumbai Municipal Corporation on Tuesday presented a ₹5,709.95-crore surplus budget for the financial year 2025-26, with a plan that aims to boost the city's livability index.

- G Mohiuddin Jeddy

NAVI MUMBAI: The budget, presented by municipal commissioner Kailas Shinde, focuses heavily on employment, education and health facilities, and contains no tax hike for the 25th year in a row.

The budget estimate for the next financial year, with an opening balance of ₹1,301.04 crore, stands at ₹5,709.95 crore. The total income targeted is ₹4,408.91 crore, with expenses at ₹5,684.95 crore, leaving ₹25 crore as surplus.

Speaking on the budget, Shinde said, "Our objective is to enhance the quality of life of residents by providing employment opportunities, improving health facilities and addressing the needs of senior citizens and persons with disabilities."