Greater Chennai Corporation (GCC) has managed to increase its own source of revenue by 17 per cent to ₹3,052 crore in 2024-25 (revised estimate) from ₹2,609 crore in 2023-24 (actuals). For 2025-26, it is budgeted to be ₹3,186 crore, according to GCC’s Budget documents.
In 2025-26, revenue from property tax is budgeted to be 63 per cent; professionals tax 19 per cent; fee and user charges 11 per cent and other income 7 per cent.
Similarly, revenue receipts have increased to ₹4,987 crore in 2024-25 (₹4,675 crore in 2023-24). For 2025-26, it will be ₹5,146 crore.
Capital expenditure has increased to ₹2,953 crore in 2024-25 (₹2,940 crore). For the year 2025-26, it will be ₹3,191 crore.
Revenue deficit
Revenue deficit in 2024-25 was expected to be ₹452 crore in 2024-25 as against a surplus of ₹333 crore in 2023-24 (including transfer of capex).
Out of the total allocation, ₹1,032 crore is allocated for storm water drainage, ₹628 crore for bus route roads; ₹413 crore for buildings; ₹352 crore for solid waste management; ₹281 crore for zones; ₹179 crore for special projects; ₹164 crore for bridges and ₹142 crore for others, the document said. The GCC also plans to beautify spaces under flyovers in T Nagar, Anna Salai, Royapettah, Egmore and Perambur at a cost of ₹42 crore.
QR code-based tax system
The GCC will introduce a QR code-based tax system and trade licence payments. This will allow residents to pay property tax, fees for name changes, trade licence fees, and other charges instantly by scanning a QR code, GCC Mayor R Priya, said in her speech.
