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Bhopal Municipal Corporation to Scrap Commercial Licence Fee and Monetize Idle City Assets
The Bhopal Municipal Corporation (BMC) has announced a significant policy shift aimed at easing the regulatory burden on local businesses by scrapping the commercial licence fee currently linked to property tax. This move, discussed in recent administrative meetings, aims to streamline operations for shopkeepers and business owners across the city. For Bhopal residents, this decision represents a major change in how local commercial compliance is handled, potentially reducing the financial paperwork for many small enterprises.