NDMC exceeds revenue targets

New Delhi, April 1: The NDMC, the smallest of civic agencies in the capital, said on Wednesday that it has exceeded revenue targets for 2014-15 in respect of four major components. These are property tax, license fee, electric and water charges, and interest on investments which together contribute some 92 percent of total revenue receipt, the New Delhi Municipal Council said. Against a target of Rs.2,450 crore in revised estimates for 2014-15 for these four components, the actual receipts as on March 31, 2015 stood at Rs.2,533 crore, an additiol collection of Rs.83 crore. (IANS)