61 Percent owners did Not pay Land tax in 2020-21 – News2IN
Nagpur

61 Percent owners did Not pay Land tax in 2020-21

61 Percent owners did Not pay Land tax in 2020-21
Written by news2in

Nagpur: A full of 4,45,798 from 7,31,420 land owners (61 percent ) from town didn’t cover a cumulative Rs135.98 crore municipal company taxation in fiscal year 2020-21. Just 2,85,622 owners paid their land tax refunds to Rs114.46 crore. A senior officer imputed on Covid pandemic, that has seriously influenced financial state of the folks and it may have resulted in bad recovery of land tax. For 2020-21, the NMC had issued tax statements to 7,31,420 land owners and calculated entire property taxation in Rs261.60 crore. The section’s information shows that the largest variety of superb tax is from Laxmi Nagar zone at which 45,138 land owners owe Rs23.16 crore into the NMC, followed closely by Mangalwari zone (52,454 land owners, Rs21.42 crore), Ashi Nagar (96,901 home owners, and Rs19.92 crore), Dhantoli zone (10,755 real estate owners, and Rs 6.74 crore). According to the information, the NMC had accumulated Rs241.23 crore real estate taxation in the past fiscal. Obviously, Rs114.46 crore was taxation for 2020-21, although the rest of the sum was arrears. Sources from the NMC’s reports and fund division remarked that the civic government should strengthen real estate tax set because it’s the major source of earnings for the body. Resources included that intervention by corporators also was accountable for mounting land tax arrears. “Many a few times, elected representatives, such as office-bearers from the civil process, succeed in preventing the civic government from taking any punitive actions, leading to mounting of land tax refunds,” confessed the senior officer from the taxation department, who didn’t want to be appointed. Together with all the civic body’s worsening financial situation, resources stressed that the cause of such a top outstanding earnings has to be dealt with urgently and rigorous attempts ought to be designed to reverse the tendency of raising arrears. According to the statistics, the NMC’s real estate tax arrears have crossed Rs526.43 crore. The amnesty scheme started in December, 2020, had uttered poor reaction. Approximately Rs400 crore real estate tax arrears were expected from over 3.73 lakh defaulters. Of which, just 50,548 home owners, that had defaulted on taxation for decades, had compensated Rs43.88 crore dues. Sources pointed out that the NMC needs to embrace a two-pronged plan to lessen such enormous dues — concentrate on optimizing disposal concerning amounts and devote growth funds on the grounds of taxation paid in each prabhag.

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