AMC's tax recovery touches Rs 90 crore mark
Apr 02, 2014
Source : The Economic Times


AURANGABAD: The Aurangabad Municipal Corporation (AMC) on Monday concluded its tax recovery drive after collecting close to Rs 90 crore on account of property tax and water charges for the 2013-14 financial year.

Municipal commissioner Harshdeep Kamble said nearly Rs 85 crores were recovered from residential and commercial properties, while government and semi-government organizations paid nearly Rs 5 crore. "The civic body is still completing the formalities and the final figure will be declared soon," he said.

Sources in the civic body said Rs 23 crore was recovered under the head of water charges, while Rs 67 crore on account of property tax. In 2012-13, the AMC had collected Rs 58.11 crore as property taxes and Rs 15.76 crore as water charges. The total collection figure was Rs 73.87 crore, against a target of Rs 140 crore. The property tax target was Rs 100 crore, while that of water tax was Rs 40 crore.

In the current fiscal, the AMC hiked the property tax collection target to Rs 115 crore, but did not set a target for water charges.

It was supposed to hand over the proposed water distribution project under the PPP model to private partners, who were to collect the charges. But the AMC could not execute the project and continued to collect the water charges.

The sources said the AMC could not collect taxes from nearly 45 per cent of property owners. "The trend of low recovery is still on despite the civic body's all-out efforts in the fiscal," they said.


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