The Delhi Government announced an allocation of Rs4,575 crore to the civic bodies in its Budget, with additional Rs1,805 crore will also be provided to the local bodies as share in stamps and registration fee and one time parking fee, said Deputy Chief Minister Manish Sisodia.
Presenting Budget for 2019-20 in Delhi Assembly on Tuesday, Sisodia said that the Government has decided to implement the recommendations of the Fifth Delhi Finance Commission fifth DFC, the Government has provided Rs4575 crore in our budget as devolution to local bodies which is 12.5 per cent of estimated net tax collection for 2019-20.
Sisodia further said that this includes an amount of 2331 crore as tied fund for implementation of schemes, programmes and projects of the civic bodies and Rs2244 crore as Basic Tax Assignment (BTA).
In addition to it, an amount of Rs1805 crore has also been
provided for local bodies as parts of its share in stamps and registration fee and one time parking fee.
