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Chennai corporation collected 5 percent less tax

The area of the Chennai city has grown around 250% in times. But the tax collected by the city corporation has been dropped by 5% in last fiscal year.

The officials say the technical problem and the stuff crunch are main causes for the less collection of tax.

Till march 31, the tax collection target was Rs 558 crore, where as Rs 358 crore collected till date.

The collection was even Rs 18 crore less than last year’s collection.

Some other officials think lot of owners of apartments in Chennai are unaware of the tax payment process.

More related story:

Property tax collection good going in Bangalore

Time to pay property tax

Source : Times of India

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