Thane Municipal Corporation Records ₹878 Crore Property Tax Collection In FY26, Achieves 96 Per Cent Of Target
Thane Municipal Corporation collected a record Rs 878.37 crore in property tax for FY 2025–26, achieving 96% of its target. The growth was driven by strong citizen participation and increased digital payments, with over 87% opting for non-cash modes. Key wards like Majiwada-Manpada led contributions.
Thane Municipal Corporation achieves record property tax collection driven by strong digital adoption | File Photo (Representational Image)
Thane, April 1: The Thane Municipal Corporation (TMC) has achieved a landmark milestone by collecting a record ₹878.37 crore in property tax for the financial year 2025-26. This impressive figure represents 96% of the ₹915 crore target set by the administration, marking a significant growth of ₹68.37 crore compared to the previous fiscal year.
Digital payments drive collection
Mayor Sharmila Pimpolkar and Municipal Commissioner Saurabh Rao extended their gratitude to the citizens of Thane for their overwhelming response.
A notable highlight of this year’s collection is the shift toward modernisation, with 87.37% of taxpayers opting for digital and non-cash payment methods, aligning with the "Digital India" initiative.
Top contributing wards
The Majiwada-Manpada ward emerged as the highest contributor, accounting for ₹236.51 crore, followed by Vartak Nagar and Naupada-Kopri.
Key highlights of the fiscal year
Collection Growth: Increased from ₹810 crore (2024-25) to ₹878.37 crore.
Payment Modes: 55.67% via cheque/DD and 31.68% through online portals.
Strategic Outreach: Implementation of mobile van camps, SMS reminders, and holiday operations at collection centres.
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Administrative response
Commissioner Saurabh Rao credited the success to rigorous planning, intensive awareness campaigns, and the relentless efforts of the tax department staff. With the new financial year underway, the TMC aims to further streamline digital services to ensure seamless tax compliance.
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