Tax
Tax

Abhijit Bangar, the Navi Mumbai Municipal Corporation (NMMC) chief directed the property tax department to work seriously in the collection of tax in the remaining days and achieve the target of Rs 625 crore. The civic body has already collected Rs 452 crore so far. Due to the outbreak of the pandemic, the property tax collection was severely impacted.

Following instruction from the municipal commissioner, the property tax department set objectives of eight wards. As per the plan, ward wise list of property tax arrears has been prepared in descending order and special attention will be given to these arrears.

Due to the pandemic, the civic body has revised the target of property tax collection from a budget estimated of Rs 630 crore to Rs 600 crore. However, with the launch of Abhay Yojana, till March 11, the civic body collected Rs 452 crore, the civic chief directed to put more effort and collected Rs 625 crore.

Property tax is one of the important sources of revenue of civic body. In order to collect the tax and also provide some respite to citizens, the civic body launched Abhay Yojana in December 2020. “Due to pandemic, the collection of property tax severely affected and many of the residents are going through financial difficulties. The scheme will certainly bring some relief for them,” said a senior official from the Property Tax department. He added that the scheme will also help the civic body to get revenue.

The Abhay Yojana has been extended till March 31. However, after March 15, the civic body will only give a 50 percent rebate on penalty for delayed payment.

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