Chandigarh, Jan. 28 -- Even though the Chandigarh municipal corporation is passing through financial straits, the UT administration is also facing challenges, with a shortfall of Rs.700 crore in tax revenue against the projected income as of December 31, 2024.

According to figures updated by the Comptroller and Auditor General of India (CAG), out of a total revenue expenditure of Rs.5, 858 crore, the administration incurred Rs.5,053 crore in expenditure by December 31, 2024, leaving Rs.708 crore to be spent in the last quarter.

As per the CAG, the monthly expenditure of the administration is approximately Rs.550 crore, which means that its requirement is of Rs.1,650 crore for the last quarter, against the available Rs.708 crore.

The fi...