Mohali civic body collects Rs 15.90 cr as property tax

Mohali, October 6

The Municipal Corporation here has collected a revenue of Rs15.90 crore in the form of property tax till September 30, 2021, which is Rs1.35 crore more than the amount collected during the corresponding period last year.

Last year, the civic body had collected Rs14.55 crore with over 20,628 people depositing their property tax till September 30, while this year, 13,301 persons submitted their property tax.

It may also be recalled that till September 30, a rebate of 10 per cent was given to the property tax payers.

Mayor Amarjit Singh Sidhu said this time additional teams had been deployed for the submission of property tax and a survey of the Mohali city had also been conducted, which resulted in higher property tax collection from lesser people.

Officials said the target for this year’s budget was to collect Rs28 crore from property tax.

Sidhu thanked the residents and said the revenue generated under property tax was being spent on the development of Mohali.

He appealed to all the residents to submit their property tax to so that there would be no shortage of funds for the overall development of the city. — TNS

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