Amritsar MC collects Rs 33.50 crore property tax, Rs 6 crore more than last fiscal’s : The Tribune India

Join Whatsapp Channel

Amritsar MC collects Rs 33.50 crore property tax, Rs 6 crore more than last fiscal’s

Amritsar MC collects Rs 33.50 crore property tax, Rs 6 crore more than last fiscal’s

Residents pay the property tax on Friday. Photo: Sunil Kumar



Tribune News Service

Charnajit Singh Teja

Amritsar, March 31

The Municipal Corporation (MC) has collected Rs 33.50 crore property tax in this financial year. The civic body has failed to achieve its target of collecting Rs 50 crore in 2022-23. However, the MC collected around Rs 6.30 crore more than the last financial year. In 2021-22, the MC had collected Rs 27.12 crore.

City has potential, could have realised more

The city has a great potential for tax recovery. The property tax collection has increased as compared to last year. This year, the staff was occupied with the G20 Summit, otherwise, we may have collected Rs 40 crore. — An MC official

This year, the number of tax payers has also increased. As many as 5,000 more residents paid the property tax. This year 1,11,000 property owners paid the tax as compared to 1,06,000 in the last year.

IN NUMBERS

1,11,000 Property owners paid tax

Rs 27.12 crore collected last fiscal

1,06,000 property owners paid tax last year

5,000 more residents paid tax

Defaulters will have to pay the tax with penalty now

An MC official said the Department of Local Government had given the civic body a target of Rs 29.46 crore. However, MC Commissioner Sandeep Rishi had asked the MC staff to collect Rs 50 crore. “The city has a great potential for tax recovery. The property tax collection has been increased as compared to last year. This year, the staff was occupied with the G20 summit otherwise, we may have collected Rs 40 crore. Some major tax payers in the city have moved to courts over assessment issues, which also affected the recovery,” said an MC official.

Daljit Singh, nodal officer for property tax, said, “We have collected a good amount of tax. We have covered almost all the areas of the city. The major tax payers have deposited the tax. Those who did not avail the benefit of paying the tax till March 31, would now have to pay the tax with penalty. They have to pay 1.5 % per month interest on the tax amount. They have been declared defaulters in our records and sealing notices would be issued soon”.

The MC officials said in the year 2023-24 they would start the sealing of properties of tax defaulters.

About The Author

The Tribune News Service brings you the latest news, analysis and insights from the region, India and around the world. Follow the Tribune News Service for a wide-ranging coverage of events as they unfold, with perspective and clarity.


Top News

Want fair probe, justice in Swati Maliwal assault case as incident has two versions: Arvind Kejriwal

Want fair probe, justice in Swati Maliwal assault case as incident has two versions: Arvind Kejriwal

In an interview to PTI, the chief minister says the matter i...

Rajasthan’s Barmer records 48 degrees; temperatures set to rise further, says IMD

Rajasthan’s Barmer records 48 degrees; temperatures set to rise further, says IMD

Water levels in the Delhi stretch of the Yamuna river drop a...

Calcutta High Court order on OBC quota to Muslims ‘tight slap’ to opposition: Modi

Calcutta High Court order on OBC quota to Muslims ‘tight slap’ to opposition: Modi

The Calcutta High Court, in its verdict on Wednesday, noted ...

Bomb threat email received by North Block, security officers conduct searches

North Block receives bomb threat email, turns out to be hoax

The threat is received through an email around 3.30 pm by a ...

Pune juvenile court cancels bail of teenager involved in car crash, sends him to observation home

Pune juvenile court cancels bail of teenager involved in car crash, sends him to observation home

The board had on Sunday granted bail to him hours after the ...


Cities

View All