Property tax collection up by 14% in Nashik
Apr 03, 2014
Source : The Times of India


NASHIK: The property tax collected by the Nashik Municipal Corporation (NMC) has increased by 14.37% during the current financial year 2013-14 as compared to last year's figures.

In the financial year that concluded on Monday, the NMC has collected property tax amounting to Rs 71.74 crore, which is 14.37% higher than the previous financial year. The NMC had collected Rs 62.73 crore in 2012-13.

Speaking to TOI, an official from the NMC said, "We had set a property tax collection target of Rs 105.68 crore for this year, of which, we were able to collected property tax of Rs 71.74 crore. As compared to the property tax collected in the previous year, the collection has increased by 14.37%."

In February, the civic body had issued final notices to around 47,259 property tax defaulters, giving them an ultimatum of five days to pay their taxes. But only 12,620 defaulters ended up paid their dues. Thereafter, the NMC issued warrants to 822 property tax defaulters, giving them an ultimatum of 21 days to pay their arrears or else face action of confiscation of their movable and immovable properties.

"We are collecting information about the number of defaulters who have paid their taxes. The decision concerning taking action against defaulters will be taken shortly."

At present, there are 3.67 lakh properties across the six divisions of the NMC, including 72,035 properties in Nashik east division, 34,872 in Nashik west, 74,113 in Panchavati, 63,674 in Nashik Road, 39,921 in Satpur and 83,003 properties in Cidco division.

Water tax collection declines 11.06%

The water tax collection of the Nashik Municipal Corporation (NMC) across its six divisions, on the other hand, has declined by 11.06% to Rs 34.55 crore in the current fiscal year 2013-14, against last year's collection of Rs 38.85 crore.

Speaking to TOI, an official said, "The water tax collection for the current fiscal has declined by 11.06% as compared to previous year. During November to January in the last fiscal (2013-14), most of our staff was busy in economic, industrial and the other backward classes census, due to which, our water tax collection declined. But we hope to achieve the targets in 2014-15."

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