Nashik Collects Rs 140 Mn Property Tax

17 Apr 2024 CW Team

In the first two weeks of April, the Nashik Municipal Corporation has successfully collected Rs 140 million in property tax, showcasing a significant surge in revenue collection. This achievement highlights the municipality's effective tax collection efforts and signals positive financial prospects for the region.

The substantial property tax collection reflects the civic body's proactive measures to enhance revenue generation and strengthen its financial position. It also underscores the compliance of property owners in Nashik with their tax obligations, contributing to the municipality's financial stability.

The surge in property tax collection is a positive development for Nashik's civic infrastructure and public services, as increased revenue can be allocated towards essential projects and initiatives aimed at improving the city's overall livability and infrastructure.

Nashik's success in property tax collection underscores the importance of efficient tax administration and compliance monitoring in ensuring sustainable urban development and municipal governance. By effectively leveraging property tax revenues, the municipality can address key challenges and meet the evolving needs of its residents.

Moving forward, Nashik Municipal Corporation's continued focus on enhancing tax collection efficiency and transparency will be crucial for sustaining this positive momentum and supporting the city's growth and development aspirations. Effective utilisation of tax revenues will further strengthen Nashik's position as a vibrant and dynamic urban centre in India.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..