NMC collects Rs 100 crore in property tax in April-June
NMC officials attributed the collection to rebates of 6-8% on property taxes for prompt payers.
NMC is offering rebates for prompt property tax payments, including 8% for payments made in April-May, 6% for June payments and 3% for July payments, with the incentive scheme expiring on July 31. The civic administration also provides 1% additional concessions for online tax payments.
Civic officials said they sent out messages to the taxpayers last year to avail themselves of the benefits of the tax rebates.
"Employees of the property tax department also visited the houses of the taxpayers, informing them about the tax rebates. This year, however, NMC did not send messages to the taxpayers as they appointed three private agencies for six divisions to distribute property tax bills. Still, NMC managed to collect Rs 100 crore in property tax during the first three months of the financial year," an official said.
During the last financial year 2024-25, NMC collected Rs 256 crore in property tax, even though the property tax collection target was Rs 250 crore. NMC has set the property tax collection target of Rs 275 crore for the current financial year.
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