The Hindu 20.08.2009

Chamber hails release of property tax data

Staff Reporter

MADURAI: The Tamil Nadu Chamber of Commerce and Industry has welcomed the release of data related to property tax on the Internet.

Chamber’s senior president S. Rethinavelu welcomed the move to post door number-wise details of property tax for buildings along their street names in Madurai by the Corporation. In a press release, he said that this move would greatly increase transparency.

Pointing out to earlier complaints of buildings not being assessed for under-assessed for property tax, he said that this move provided an opportunity for the public to bring to the notice of the civic body the buildings that had escaped assessments.

Lauding the Corporation for this proactive step, he said that this would ensure more revenue by orderly and unbiased levying of property tax.

Mr. Rethinavelu also reiterated the Chamber’s demand to Corporation “to remove the disparity in the steep increase in property tax opted by the body since April, 2008 and to reduce the hike to a reasonable level and thus streamline the system.”