Categories: Nagpur

NMC collects RS42.8CR property tax in this 3 fiscal month

Nagpur: About 12% (36,123) of 6 odd property owners in this city utilizing Rabat 10% Nagpur Municipal Corporation in property tax for the current year.
NMC collects RS26.17 Crore from this property owner.
NMC has set the RS250 Crore property tax collection target for this fiscal.
Assistant Commissioner Kota Milind Meshram said the Civic body offered a discount of 10% from June 14 for taxpayers for the current financial year.
From April 1 to June 30, as many as 74,432 have paid RS42.85 cumulative crore as a property tax.
In the same period last year, property tax collection was RS21.51 Crore.
For queries, Meshram says NMC will adjust 10% discount in future payments for those who pay property taxes before June 14.
According to the statistics of the NMC tax department, the property owner of Laxmi Nagar and the Dharampeth Zone leads those who utilize June 10% Rabat.
Laxmi Nagar Zone Moped Up Rs6.85 Crore, while the Dharampeth zone produces RS6.38 crore tax.
Likewise, the Lakadganj zone was collected by RS5.16 Crore as a property tax in the first three months of the current financial year.
Meshram said NMC would not give more discounts this year.
He clarified that rebates 4% and 2%, used to provide property owners who pay advance taxes until May 31 and November 30 will not be offered this year.
The source said the Civic’s body must also try to recover arrears – which have increased to RS650 Crore – from the absenteeism of property taxes.
Of the 6 Lakh property owners, around 66% or 4 Lakh property owners failed to pay NMC property tax.
NMC which lacks money must try to restore installation contributions, which can be used to improve civil facilities in the city, said source.

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