IMC all set to collect Rs 250 crore tax
Indore Municipal Corporation (IMC) is all geared up to collect more property tax than last financial year!
As against last years’s Rs 172 crore collection, the civic body is expecting a whopping Rs 250 crore as tax this fiscal year.
It has managed to collect around Rs 150 crore this year against last year’s Rs 111 crore.
The majority of the tax collected is property tax.
The civic body has also plans of giving a discount of 6% if tax paid before April and no additional charge if paid before December. An additional charge of 15% on property tax if it is not paid before 31st of December.
For better support, an online tax payment system has also been created for tax payers.
Source: The Times of India
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