Panchkula, March 11 -- The municipal corporation (MC) approved a Rs.300-crore budget for the fiscal year 2025-26 in a meeting held on Monday.

The MC also outlined its income sources for the next financial year. The key projections include Rs.28 crore from property tax, for which notices have already been issued to defaulters urging them to clear their outstanding dues. The stamp duty has been fixed at Rs.60 crore as a revenue source for the fiscal year 2025-26. Under the head of land sale and acquisition, the MC has set a target of Rs.11 crore, even though no revenue was generated under this head in 2024-25. The MC claims that new development schemes will boost land sales and help achieve the target.

The Haryana Shehri Vikas Pradhikaran...