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The Greater Chennai Corporation has reported a significant increase in its tax collection for the financial year 2022-23. The corporation has collected INR 1,408.9 crore, almost double its previous year's collection of INR 471.6 crore, which was impacted by the Covid-19 pandemic. The civic body aims to collect INR 1,500 crore before the financial year ends in a week.
Out of the 13.33 lakh assesses, 8.85 lakh have paid property tax so far, with around 8,000 people paying daily in the last week. The civic body has urged the residents who have not paid their taxes to do so immediately. Residents can pay property taxes through the Chennai Corporation website.
The corporation has also taken measures to deal with tax defaulters. The officials have started placing name boards at the entrances of buildings of defaulters stating that the building owner has not paid property tax for a long time and has outstanding dues.
The corporation has released the names of the top 100 property tax defaulters. A firm by name of R R Info Park, has outstanding dues worth INR 10.8 crore, followed by Hackbridge, which has dues worth INR 2.13 crore. The corporation had also released a list of 100 property tax-related cases that are ongoing in court. The corporation said it has been fighting cases against several firms, including Indian Land Properties and private limited companies that had dues worth INR 8 crore. The Sri Ramachandra Trust, South Indian Film Chamber, Brinda Theatre, and AM Jain College were among others on the list. The corporation has decided to send tax collectors to houses of residents to recover dues.
The increase in tax collection is significant as it will help the corporation undertake more development works in the city. With a higher budget, the civic body can improve infrastructure, including roads, streetlights, parks, and public transport systems, and provide better healthcare and education facilities.
It is noteworthy that the Chennai Corporation's efforts to collect taxes have been commendable, considering the pandemic's impact on the economy. The civic body has taken several measures to encourage tax payments, including providing incentives for early payments, accepting payments online, and sending reminders to defaulters. Moreover, the corporation's decision to name and shame defaulters is a step in the right direction. It will encourage others to pay their dues and prevent tax evasion. The corporation's efforts to take legal action against defaulters will also deter others from evading taxes.
In conclusion, the Greater Chennai Corporation's tax collection has seen a significant increase, and it is commendable. The corporation's efforts to collect taxes are praiseworthy, and it is hoped that it will continue to do so in the future. By collecting taxes, the civic body can undertake more development works and provide better services to the residents of the city.
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