The Times of India               30.05.2013

RMC incentive yields more advance property tax collection

RAJKOT: An incentive provided to tax payers by Rajkot Municipal Corporation (RMC) has resulted in collection of Rs 65.27 crore as advance property tax. RMC officials said May 31 is the last day for availing the incentive.

RMC has offered a 10 per cent tax rebate to men and 15 per cent to women property owners in the city. From June 1 to June 30, the rebate will be reduced to 5 per cent rebate for men and 10 per cent for women.

The civic body officials said they have received a very good response from the tax payers to the incentive announced as 1.33 lakh tax payers have paid their tax in advance. The rebate offered is worth Rs 4.55 crore.

Officials said during the next two days, they are expecting more people to take advantage of the scheme. "We are expecting a collection of Rs 70 crore as advance tax till May 31,"' an official of the tax branch of RMC said. Sources said RMC has set a target of collecting Rs 180 crore as property tax for 2013-14.