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IMC’s drive to claim property tax showing colours!

No Comments Sub Category:Uncategorized Posted On: Dec 27, 2011

One can indeed say that the work done by Indore Municipal Corporation (IMC) of recovering property tax is showing positive results.

Around Rs 1 crore of property tax was collected by the corporation from the defaulters in a day.

This has been a record so far and the officials are confident enough to meet the target of Rs 250 crore this financial year.

All this revenue could be collected after the municipal corporation decided to impose a surcharge of 15% on property tax if paid after December 31. This deal drove many defaulters to pay it before the given date.

Source: The Times of India

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