Subscribe To Print Edition About The Tribune Code Of Ethics Download App Advertise with us Classifieds
search-icon-img
search-icon-img
Advertisement

Waiving interest on dues: Panchkula Municipal Corporation eyes Rs 100-cr pending property tax

Panchkula, January 22 After the Haryana Government recently decided to waiving interest on pending property tax if the owners cleared the dues by March 31 this year, the local Municipal Corporation is hopeful of recovering around Rs 100 crore...
  • fb
  • twitter
  • whatsapp
  • whatsapp
Advertisement

Panchkula, January 22

After the Haryana Government recently decided to waiving interest on pending property tax if the owners cleared the dues by March 31 this year, the local Municipal Corporation is hopeful of recovering around Rs 100 crore pending tax. The MC has collected Rs30 lakh as house tax in the past one month.

Mayor Kulbhushan Goyal said they were optimistic about the recovery of house tax dues to the tune of nearly Rs100 crore in the remaining period of this financial year.

Advertisement

He warned that property owners failing to clear their tax dues by March 31 would face sealing of properties. He said top property tax defaulters include hotels, banks, government institutions, schools and petrol pumps.

According to civic body officials, property tax is the major revenue source and the MC is fund starved. The financial condition of the civic body was poor for another reason — non-payment of prescribed fee for installation of towers and laying of telephone lines by telecommunication companies. Around 290 towers have been installed by various telecom companies in the city.

Advertisement

In the previous meetings of the MC General House, resolutions had been passed to strengthen the financial position of the civic body by acting tough against defaulters.

Advertisement
Advertisement
Advertisement
Advertisement
tlbr_img1 Home tlbr_img2 Opinion tlbr_img3 Classifieds tlbr_img4 Videos tlbr_img5 E-Paper