The Times of India               01.07.2013

Rajkot Municipal Corporation collects 45% of property tax

RAJKOT: Rajkot Municipal Corporation (RMC) has collected Rs 78.32 crore as advance property tax, thanks to its incentive to tax payers. The last day to avail the benefit was June 30 and around 1, 56, 220 tax payers had paid their property tax in advance.

The RMC had offered a 10 per cent tax rebate to men and 15 per cent to women property owners in tax from April to May 31. From June 1 to June 30, the rebate on tax was reduced to 5 per cent for men and 10 per cent for women.

The RMC officials said they had received very good response to the incentive scheme and as many as 45 per cent of the total property tax payers have already paid their tax.

There are around 3.5 lakh properties in the city. RMC has set the property tax collection target at Rs 170 crore and it might be revised and set at Rs 180 crore for the financial year 2013-14.

"June 30 was the last day to avail of the rebate benefit and Rs 20 lakh as advance tax was collected on Sunday. From October 1, tax payers who are yet to pay their dues will have to pay with interest," a RMC official said.