The Gujarat Municipal Finance Board Act, 1979

The Gujarat Municipal Finance Board Act, 1979

This legislation establishes the Gujarat Municipal Finance Board to improve financial management across urban local bodies, such as municipal corporations and municipalities, in Gujarat. The Act applies to local municipal authorities and state officials responsible for urban governance. The Board is empowered to distribute government grants, issue loans, review local municipal budgets, recommend measures to enhance tax collection, and suggest cost-saving measures to prevent wasteful spending. By creating a dedicated central body to oversee municipal revenues and expenditures, the law aims to ensure sound financial administration, equitable fund allocation, and transparent fiscal practices for local self-governments throughout the state.

Some statutory text is still being prepared for this language version.

PDF: pending for this language.