BUTWAL, JUNE 24
Butwal Sub-Metropolitan City today tabled budget of Rs 2.35 billion for the fiscal year 2022/023.
Releasing the budget for the upcoming year on Friday, Deputy Mayor of Butwal Sub-Metropolitan City Sabitra Devi Aryal said Rs 600 million would be managed from internal income source while Rs 16.1 million from the federal government's equalization grants. Likewise, Rs 320 million would be received from the revenue sharing for the upcoming fiscal year.
Deputy Mayor Aryal also announced some basic programmes to be launched from the sub-metropolitan city.
The Butwal Sub-Metropolitan City has also announced to accord priority to uplift livelihood of the city dwellers through social, economic and infrastructure development by mobilising the available means and resources, capacity and opportunity.
The city has increased the amount of budget to be mobilised from the ward-level making it Rs 165 million.
The sub-metropolis also slashed the rate of property tax, rent tax, e-rickshaw renewal tax and some others at least by 10 per cent. Likewise, up to 15 per cent tax exemption is proposed to the taxpayers submitting their tax in the given deadline.
Likewise, tax exemption is proposed in several other headings as well.
In its budget, the city has given priority for safe drinking water supply, waste management, public toilet construction, reform in education's quality, free basic health care services and others.
