Municipal Corporation facing difficulties to boost funds for the salary, not yet got the share of GST

The largest means of municipal Corporation revenue is that the share of GST from the government. GST alone accounts for 480 crores within the corporation’s budget of about 1000 crores. In such a situation, if the share of GST isn’t received on time, then there’s a requirement to pay the workers.

In June, the Municipal Corporation received an amount of Rs 25 crore from the government as a part of GST, while nearly eight crores paid directly for the installment of the loan. Talking about this month, the corporation has not yet received the GST installment from the govt whereas the fund gets within the first week during which it releases the salaries of the workers.

This month, the Municipal Corporation has recovered about eight crores in various items including land tax, water sewerage bills from the top of June till now. aside from this, some amount of GST fund was left with the corporation last month. Out of that, the corporation has given a salary to four and three employees while officers haven’t received their salary.

Twenty-four crore is spent on salary and pension monthly

The Municipal Corporation spends Rs 24 crore per month on salary and pension of former employees. Last month and this month the corporation has made an honest recovery. a number of which amount was given to the contractors doing the event work. If the Municipal Corporation continues to urge GST consistent with the budget monthly, then alongside giving salary, it can get 15 to twenty crore development work wiped out the town monthly. But thanks to non-receipt of GST amount, the corporation is battling financial troubles.