TMC collects Rs 141 crores in property tax in the last month

Thane: The Thane Municipal Corporation (TMC) has managed to deposit Rs 253 crore into its coffers as property tax. According to Thane civic body officials, out of Rs 253 crore, an amount of Rs 141 crore has been collected in the last month. Also, more Rs 22 crore was recovered this year compared to last year.

The Thane civic body collects revenue through various taxes and property tax is considered to be the main source of revenue for the civic body. During the Corona period, the company did not obtain the expected collection of taxes other than property tax. In last year’s budget, a target of Rs 693.24 crore was set for property tax collection. After that, the target was reduced to Rs 650 crore. But at the end of the financial year, the company was able to recoup Rs 592 crore. The objective set by the municipality could therefore not be achieved. In this context, the municipal administration started collecting property tax payments in April this year.

In this year’s budget, civic body Thane set a target of Rs 713 crore 77 lakh for property tax. Various efforts are being made by the municipal administration to achieve the goal. The municipal corporation has set up a tax relief system. By the end of May, Rs 112 crore had been deposited in municipal coffers as property tax.

Previously, under the TMC’s additional commissioner, Sanjay Herwade, a task force had been formed at ward level to collect property tax.

Sanjay Herwade, Additional Commissioner, TMC said: “The tax relief scheme we have introduced has helped us raise an amount of Rs 141 crore and it has been deposited in the coffers of the Thane Municipal Corporation. The company has so far ‘now collected Rs. 253.09 crore in property tax. During the same period last year, an amount of Rs 230 crore 44 lakh was deposited in municipal coffers. In comparison, Rs 22 crore 65 lakh more amount of tax has been collected this year. We will focus on increasing our tax collection amount each year from now on.”

Property tax levied in various districts is like Uthalsar Rs 20.87 crore, Naupada-Kopri Rs 40.25 crore, Kalwa Rs 8.62 crore, Mumbra Rs 8.95 crore, Diva Rs 7.83 crore, Wagle Estate Rs 8 .33 crore, Lokmanya-Savarkar Nagar Rs 9.26 crore, Vartak Nagar Rs 47.40 crore, Majiwada-Manpada Rs 87.54 crore.

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