Thane: TMC sets record with Rs 100 cr property tax collection in just 40 days

The Thane Municipal Corporation TMC in Maharashtra has collected property tax worth Rs 100 crore till May 10 2023According to the civic body this amount was collected in just 40 days setting a record for property tax collection in the financial year 202324Thanekars unprecedented response to property tax payment is commendable said Thane Municipal Commissioner Abhijit BangarAfter the record property tax collection of Rs 722 crore in the previous financial year the TMC has initiated tax payments for the current financial year 202324 from April 1 Citizens gave a spontaneous response to this message sent on mobile phones Bangar saidThe TMC chief has set a target of property tax collection of Rs 1000 crore this year and efforts are underway to raise awareness among citizensAlso Read Vacate dangerous buildings on priority Thane collector to officialsTMCs sees a tenfold increase compared to last yearLast year till May 10 the TMC had collected property tax amounting to Rs 1146 crore This year the property tax collection has reached Rs 10085 crore marking a tenfold increase compared to last year Even the number of property owners paying taxes also saw a similar trend By this time last year 6415 property owners had paid taxes and this year the number reached 74908The majority of tax payments made digitallyBangar said that 5125 per cent of the citizens have availed of the online facility to pay the tax 33 per cent of taxpayers have paid tax through cheque The tax payment rate in cash has now come down to 880 per cent Also the highest tax payment of Rs 3619 crore has been made in the MajiwadaManpada area While the lowest tax payment of Rs 254 crore is in the Mumbra area he addedEarlier payments were sent to property holders by the end of May However in this financial year the link to pay online was made available via SMS on the very first day April 1 2023 So from the same day the taxpayers started paying the property tax As there is no need to stand in queues to pay property tax the citizens also supported this scheme he addedThe collection amounts for other wardsMajiwadaManpada Rs 3619 croreVartak Nagar Rs 2552 croreNaupadaKopri Rs 1085 croreUtthalsar Rs 896 croreLokmanyaSavarkar Nagar Rs 45 croreKalwa Rs 325 croreDiva Rs 356 croreWagle Estate Rs 272 croreMumbra Rs 254 croreHead Office Rs 299 crore