HI everybody, I am agree with you Pradyuman. As per the rules regarding tax recovery, the KMC can seal the properties till the defaulters settle the amount. The civic body may also go for forfeiture or auctioning of properties to recover the dues. Nothing to say on that as they are doing their duty honestly.
The current financial year will come to an end next month. Property tax is considered one of the most important revenue generation sources for the KMC. It contributes around 20-25% to the total revenue generated every year.
Why the KMC is way behind in recovering the tax dues and attaining the collection target set for the current fiscal? According to KMC officials, only Rs 22 crore has been recovered so far as against the target of Rs 38 crore. Senior authorities have banged the officials of the property tax department for poor recovery and have threatened to cut their salaries.
OMG!!!! This is the real story behind the property tax recovery in Kolhapur. I think the officials were sleeping till date.
Now, they have experienced that most of the tax amount is collected in the last two months of a financial year. They have also formed team of civic officials, which will start operating from next week to reach out to the defaulters and collect the dues
Good job KMC!!!!! It sealed a hospital in Dudhali for non-payment of property tax to the tune of Rs 1 crore since 2005. The total dues with the hospital after adding the late charges are Rs 1.6 crore. From Monday, KMC will also seal over 16 more properties in the first phase to recover tax dues worth over Rs 7 crore.
Definitely a good job. If you are earning then why are you not paying the taxes. Your taxes will help a lot to the development of the country as well as the state. If your state govt. is providing several facilities, you must have to pay your property tax on time.