Prop-Tax
Img : dekalbtax

The Nashik Municipal Corporation crossed the mark of Rs. 100 crore in the property tax collection and this is the first time that something like happened.

According to the latest data shared by the Municipal Corporation, the property tax collection amounts to Rs. 104 crore that is more than 30% of the amount that was collected in the same period of the last financial year.

Although, the Corporation has the task of collecting Rs. 46 crore in the next 18 days in order to meet the target of collecting property tax revenue of Rs. 150 crore in the current fiscal year.

Earlier, the Municipal Corporation aims to collect property tax of Rs. 253 crore in the current fiscal year but it was reduced to Rs. 150 crores after a dispute erupted in regard to the new properties that were figured out in the survey.

According to the sources at the Nashik Municipal Corporation, the increase in tax rate is the main reason for the increase in property tax collection. But, the corporation couldn’t commence the collection of tax from the newly-identified properties for this financial year as the objections from the owners regarding inflated tax bills.

The official at the civic body said that it is hard to comment on whether we will meet the target or not. The civic body is putting in all the effort to meet the target and thus sent notices to 484 tax defaulters who have a hefty amount of outstanding dues. The official also said that the civic body has asked the defaulters to clear the dues else stringent actions will be taken against them or their properties might also be sealed.

The sources informed that the Nashik Civic Body has decided to take strict actions against the defaulters. The big-time defaulters are served the notice and 21 days’ time is also given to them to clear the outstanding dues. The action in regards to seal their properties will be taken in case the dues are not cleared in the said time.

In August 2018, the Nashik Municipal Corporation took action against 120 tax defaulters for not clearing the dues of total Rs 4.5 crores for the earlier fiscal year.

The civic body also auctioned two properties of the tax defaulters that costed a total worth Rs. 16.37 lakhs. Also, the authority sought sanction of the standing committee to take charge of the remaining 118 properties at a nominal charge of Re 1.

Recently, the Civic body’s standing committee gave its nod to change the title of ownership of these properties while registering them on the name of the municipal corporation.

As per the rules, the procedure is to re-auction these properties twice to change the ownership in the name of the Nashik Municipal Corporation.

Shilpa Sardare Jain
Shilpa Sardare Jain is a journalist and works as a content writer with us. Her journalistic background helps her cater the viewers with accurate news about everything around. She is experienced at writing articles, blogs, features and news related to different genres. She started her career with News24 News channel and then worked with a leading digital media channel One India News and few others. Shilpa Sardare Jain is a joyful person who loves to explore new places and food when not working. Also, she has the zest for reading autobiographies of politicians who took the world by storm.