How is the budget of Delhi decided? How much helps the center gets, what is its source of Delhi’s income? Know full accounting – How is Delhi Budget Decided How Much Help does it get from

Delhi Chief Minister Rekha Gupta will present the budget on Tuesday. Today, the budget session of Delhi will start from Monday, which will run till March 28. CM Rekha Gupta has described Delhi’s budget outline. He termed this budget as ‘developed Delhi budget’ and said that its main objective would be to focus on the problems of economic empowerment, better education and health services, improvement in infrastructure, pollution and waterlogging problems. In such a situation, it is important to know how the budget of Delhi is decided, how much helps the Center for it and what are the sources of Delhi’s income?

Delhi is a central ruled region, which is shared by both the center and the state. The budget of Delhi is prepared by the state government, but the central government also has influence on it. It is related to the expenses and income of the Delhi government. In this, funds are mainly allocated for the development work, education, health, transport, police, and other basic services of the state.

How much does the center help?

Financial assistance from the Center to Delhi depends on the policies and schemes of the central government. The main source of help from the center is central schemes and funding. Many major schemes of the central government, such as Swachh Bharat Mission, Pradhan Mantri Awas Yojana, get help to Delhi.

Also read: Budget session of Delhi Assembly starting today, tomorrow CM Rekha Gupta will present Delhi’s budget

However, in the case of Delhi, this help is less than in other states. The reason for this is that the administration of Delhi is under the control of the central government in most cases. According to the budget of 2024-25, Delhi has been announced to help more than Rs 11,000 crore from the Center.

The main source of Delhi’s income

The main sources of Delhi’s income come mainly from the revenue generated within the state. Under this, the Delhi government earns different types of taxes and fees. The largest financial source of Delhi government is tax revenue. This mainly includes VAT (Value Added Tax), Property Tax, Income Tax, Stamp Duty, Road Tax. Delhi is one of the largest trading centers in India, and there is a lot of business activities here, which increases the income from taxes significantly. According to the information, a total of 70 percent of the budget of Delhi is from the tax revenue. At the same time, the Delhi government also earns a good income from the transactions of land and property.

Learn about the previous budget

Last time, the then CM of Delhi, Atishi, presented a budget of Rs 76 thousand crore. Then he had said that Delhi’s population is only 1.55 percent of the total population of the country. But then Delhi’s contribution to the GDP of the country is more than doubled. This time everyone is eyeing the budget being presented by the BJP. Actually, during the election, BJP announced many schemes. In such a situation, it has to be seen who is seal in the budget.