The Hindu                        27.02.2013

Coimbatore collects 70 per cent of property tax

Karthik Madhavan 

With only a month and couple of days left for the end of
the financial year, the Coimbatore Corporation has gone full throttle
to collect property tax. According to sources, it has asked all the bill
collectors to serve demand notices to all the assessees and ensure that
they pay the property tax for the current year and arrears, if any.

According
to Commissioner in-charge S. Sivarasu, the Corporation had planned to
better last year’s collection of 89 per cent by ensuring that all the
assessees paid the tax. To ensure that the tax payers had no difficulty
in paying the tax, the Corporation had introduced the e-payment facility
last year. It had also tied up with a number of banks, branches of
which would accept money to be credited to the Corporation account.

He
said that he along with Assistant Commissioner Revenue M. Sundararajan
and assistant revenue officers were monitoring the situation on a daily
basis. As of Monday last, the Corporation had collected 70 per cent of
the current demand (tax for the current year). The 70 per cent
translates to Rs. 72.52 crore.

The the money the
Corporation ought to collect is Rs. 140 crore – Rs. 36.52 core in
property tax arrears plus Rs. 103 crore for the current term.