This urban local body has been classified as a Municipal Corporation in the 1M-4M population category
19,64,086
Population
276 Sq km
Area
7,116.25/ Sq km
Population Density
85
Wards
8
Years of financial data
Yes (Indore U.A.)
Part of UA
₹ 596 Cr
Total Tax Revenue
₹ 929 Cr
Total Own Revenue
₹ 289 Cr
Total Grant
₹ 1,892 Cr
Total Revenue
₹ 1,620 Cr
Total Expenditure
₹ 7,964 Cr
Total Balance Sheet Size
Last updated on: Mar 22, 2025; Source: Audited financial statements for the year
Revenue refers to money received or earned by a ULB during the financial year.
Indore Municipal Corporation Total Revenue v/s State Average
Sum of: (a) Tax revenues, (b) Non-tax revenues, (c) Assigned (shared) revenue, (c) Grants-in-aid, (d) Loans and (e) Other receipts.
Tax revenue includes Property Tax, Professional Tax, Entertainment Tax among others Non-tax revenue includes user charges (including for water supply, sewerage etc), fees, rentals from municipal property, among others
Total revenue = sum of (a) Tax revenues, (b) Non-tax revenues, (c) Assigned revenue, (d) Grants and (e) Other Receipts
State Municipal Corporation average = Weighted average of all Municipal Corporation revenue of the state based on population of each Municipal Corporation
Compounded Annual Growth Rate(CAGR) = Rate of annual increase/decrease in total revenue between the base year and the latest year formula :
(1) Green bullet point - Positive CAGR over the assessment period
(2) Red bullet point - Negative CAGR over the assessment period
Explore Resources to augment your revenues:
1. Property tax reforms toolkit (published by MoHUA)