Submission of GHMC budget estimates delayed
4 months, 1 week ago

Submission of GHMC budget estimates delayed

New Indian Express  

HYDERABAD: There seems to be a delay in the submission of Budget estimates for the next financial year and the revised Budget estimates for the current year 2024-25 to the Standing Committee of the Greater Hyderabad Municipal Corporation for review and approval. According to Sections 182 to 185 of the Hyderabad Municipal Corporations Act, 1955, the GHMC commissioner is required to submit the Budget estimates to the standing committee on or before November 10 every year. The GHMC must submit its Budget estimates and requirements to the state government by February 2025 in order to request funding from the state Budget for the 2025-26 financial year. Once the GHMC submits the budget proposals to the Standing Committee, the Committee will review them and suggest modifications, if any, in areas such as taxes, special funds, or additional requirements.

History of this topic

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