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Warrants for property tax defaulters

No Comments Sub Category:Municipality Posted On: Mar 11, 2014

Nashik Municipal Corporation (NMC) recently said that issuing warrants to property tax defaulters will commence in the city from Thursday.

Firstly, this will begin from the Cidco division of the municipal corporation and subsequently in the other NMC divisions.

The NMC administration has decided to take possession of the properties of defaulters whose payment is failing over Rs 10,000. Warrants are to be issued to defaulters with property tax arrears over Rs 1 lakh, in the first stage.

An ultimatum of 21 days will be offered to the tax defaulters to pay tax who have been issued warrants. Both movable and immovable properties of those who fail to pay their taxes within that period are to be confiscated.

R R Gosavi, divisional officer, Cidco said, they have received warrants from their head office and have started enrolment. From Wednesday they will commence issuing warrants in their division. The warrants are to be issued to property tax defaulters in three phases. In the first phase, they will issue these to those defaulting payment over Rs 1 lakh, while it will be issued to those defaulting payment over Rs 25,000 to Rs 1 lakh in the second phase. In the third phase, warrants will be issued to those with defaulting payments from Rs 10,000 to Rs 25,000.

The NMC had issued final notices to 47,259 property tax defaulters, giving them an ultimatum of five days for paying their taxes, over the last couple of weeks. In the last 15 days 7,431 defaulters had paid up taxes amounting to Rs 7.28 crore.

For the current fiscal 2013-14, the NMC has set a property tax collection target of Rs 105 crore. The NMC had collected property tax amounting to Rs 60.20 crore BY February 28, against Rs 51.34 crore during the corresponding period of the last fiscal.

Source: Times of India

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