GMC has taken steps pertaining to property tax and vending fee besides a new parking system linked to mobile apps. On average, there will be an annual increase of Rs 4,000 to Rs 5,000 in the house tax rate. In  an 11-hour marathon meeting of the GMC board on Friday, many important proposals were passed, including the revised budget of Rs 502 crore for FY 2024-25, making property tax compatible with the DM circle rate (the minimum price at which a property can be sold or n be sold or transferred) and fixing the vending fee. A total of 55 proposals were tabled, out of which 48 were passed. GMC will also draw a yellow line at spots decided for the weekly market and vendors will not be allowed to operate beyond that line. For road widths of 24m and more, tax will  be changed at the rate of rs 3.20 sqft and likewise, tax will be computed. The Integrated Parking Management System (IPMS) proposal was also passed by the board. The IPMS — under which an integrated control room will be set up — will be linked to mobile apps through which residents can get an update on the occupancy of parking in a parking lot. There will also be options for daily and monthly payment. The rates as of as of now vary from Rs 10 to Rs 50 for all kinds of vehicles. The revised budget of Rs 502 crore for FY 2024-25 was also passed, but that created pandemonium in the house as councillors opposed it, citing the current financial year is ending in a few days and also the budget has not been approved by the executive committee. 
 

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