BBMP receives 5141 failed cheques!
No Comments Sub Category:Uncategorized Posted On: Jan 10, 2012
The property tax defaulters are getting sharper day by day!
Bruhat Bangalore Mahanagara Palike (BBMP) which is already deprived of finance is being cheated by the tax defaulters.
The civic body had so much debt on it because of less property tax paid and had to meet a revenue target.
However, on its tax collection spree, it gathered cheques worth Rs. 6.4 crore all of them being dishonoured.
Till date, 5,141 cheques have been received by the body. As it is a crimainal offence, BBMP is all set to legal action against the defaulters.
Source: The Hindu
Tags:
Bangalore, BBMP, BBMP Bangalore, Bruhat Bangalore Mahanagara Palike, Cheques, Defaulters, Legal Action, property tax, Property tax defaulters, Revenue, Revenue target, Tax
