PMC ordered to collect Rs. 400 crores property tax
No Comments Sub Category:Realty News,Uncategorized Posted On: Dec 02, 2011
A tough task ahead for Pune Municipal Corporation (PMC), it has been ordered to collect Rs. 400 crores from tax defaulters within span of one month.
However, the city tax department of PMC has till now collected Rs. 25 crores only.
PMC has taken this task pretty seriously, as property tax is the main source of revenue for the civic body.
Apart from Rs. 25 crores, the remaining amount is still kept pending as the property owners are delaying the payment and few have already approached court to settle the issue.
Source: The Times of India
Tags:
Civic body, PMC, Property Owners, property tax, Pune, Pune Municipal Corporation (PMC), Revenue, Tax defaulters, Tax department
