Details about the property tax payment for 2014 in Indore

Q: Hey guys, is the municipal corporation of Indore taking any strict action against the collection of property tax in the city?

Prateek Mishra, Indore

2nd January 2015

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the city has around 4 lakh registered property tax payers. And if the property tax is not paid on time, then there will be a huge loss for the municipality only in terms of revenue. The authorities are actually suggesting that we pay the taxes before the 31st of December, just to be safe and not face a fine.

Ashok Tiwari, Indore

4th January 2015

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so far the civic body has managed to recover only about Rs. 150 crore, out of Rs. 150 crore, Rs. 95 crore has been collected under property tax and about Rs. 33 crore came from tax on water, and only last quarter of the financial year remaining. It is actually way behind its target.

Arjun Singh Ranawat, Indore

3rd January 2015

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It was the same last year as well. The civic body had targeted to collect Rs. 300 crore revenue in the previous financial year too; however, it fell short of its target and was able to collect only Rs. 245 crore from taxation.

Tanmay Kumar, Indore

16th January 2015

Hey, this financial year is almost ending and right now, the authorities are pretty strict about the collection of property collection. An additional 15% surcharge will be slapped on individuals who fail to pay their property tax to Indore Municipal Corporation (IMC) before January 1, 2015.

Harsh Somani, Indore

2nd January 2015

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