Property tax collection crosses ₹100 crore in city
The Hindu
After April 15 , the assessees won’t get 5% incentive and have to pay 2% penalty
The Greater Chennai Corporation (GCC) has collected ₹102 crore as property tax from 1.72 lakh assessees since April 1 in this financial year.
There are 13 lakh property tax assessees, including owners of residential and commercial buildings, in the 15 zones of the city.
After April 15, the civic body will not extend 5% incentive for property tax payment. On the other hand, the assessees will have to pay a penalty of 2%.
Teynampet zone has collected ₹17.38 crore as property tax, the highest in the city so far. Manali zone has the lowest collection of ₹1.57 crore. Tiruvottiyur zone collected ₹2.64 crore, Madhavaram ₹3.77 crore, Tondiarpet ₹2.49 crore, Royapuram ₹11.31 crore, Thiru. Vi. Ka. Nagar ₹2.97 crore, Ambattur ₹9.72 crore, Anna Nagar ₹7.46 crore, Kodambakkam ₹7.29 crore, Valasaravakkam ₹4.19 crore, Alandur ₹4.2 crore, Adyar ₹9.41 crore, Perungudi ₹3.42 crore and Sholinganallur ₹6.73 crore.
Online mode of property tax payment is popular in the southern zones such as Valasaravakkam, Perungudi, Adyar and Alandur. More than 50% of assessees have paid property tax online in zones of Valasaravakkam, Alandur, Adyar and Perungudi. Online mode of property tax payment is popular in the southern zones such as Valasaravakkam, Perungudi, Adyar and Alandur.
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