India, March 5 -- Although the Pune Municipal Corporation (PMC) has fallen well short of its revenue target of Rs.11,601 crore for the fiscal year 2024-25, the civic body has proposed a budget of Rs.12,618 for the fiscal year 2025-26 which is an increase of Rs.1,000 crore over last year's budget.

The PMC managed to collect only Rs.6,434 crore in revenue by January 2025 but expects to reach a maximum of Rs.8,000 crore by the end of the financial year 2024-2025. Municipal commissioner Rajendra Bhosale said, "By the end of January, PMC had generated only 55% of the estimated revenue but expects an additional Rs.1,500 crore in February and March, taking the total to around Rs.8,000 crore. Meanwhile, PMC has already spent Rs.4,413 crore and i...