Home » MCG’s Revenue Shortfall Despite Increased Earnings

MCG’s Revenue Shortfall Despite Increased Earnings

Despite an increase in overall earnings, the Municipal Corporation of Gurugram (MCG) has fallen significantly
short of its revenue target from property taxes, achieving only about 50% of its goal. The MCG had set an
ambitious target for the current fiscal year, but a combination of factors, including delays in tax collection and
lower compliance rates among property owners, has led to this shortfall. This gap in expected revenue could
impact the MCG’s ability to fund critical infrastructure projects and public services. As Gurugram continues to
grow rapidly, the MCG’s ability to meet its revenue targets is crucial for sustaining the city’s development and
maintaining the quality of public services. The focus now shifts to closing the revenue gap and ensuring that
future targets are met more effectively.

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