Overview

• Municipal Commissioner Bhushan Gagrani said tax rates and cess components remain unchanged, with increases driven solely by state-set ready reckoner adjustments.
• On March 31, the Maharashtra government raised ready reckoner rates for 2025–26 by an average 3.88% statewide and 3.39% in Mumbai.
• Civic officials emphasize the current bills are provisional and may be revised with refunds or adjustments after a formal reassessment.
• Mumbai Congress leaders say the BMC has ignored a Supreme Court directive to revise capital value rules and refund overcharges on CVS-based taxes from 2010–2015.
• In 2024–25 the BMC collected Rs 6,195 crore in property tax, a 20% year-on-year jump, even as its mandated five-year rate revision remains pending.