Indian Express 19.04.2010
MCD tax target missed
Express News Service Tags : property tax, corporation Posted: Monday , Apr 19, 2010 at 0231 hrs
New delhi: The Municipal Corporation of Delhi (MCD) has missed its target for property tax collection yet again - the fourth consecutive time since it introduced the unit area method of property tax collection. Newsline takes a look* The MCD has collected an all-time high Rs 1084 crores as property tax for the 2009-10 fiscal.
* Of this, Rs 409 crores was received as transfer duty.
* The agency, however, failed yet again in achieving its collection target. The target was fixed at Rs 1,150 crores.
* According to MCD’s records, this year’s property tax collection figures seem to be more promising. It had managed to collect Rs 1,064 crores as property tax and transfer duty during the 2008-09 fiscal against the target of Rs 1,462 crore.
Around 9.73 lakh people - 40 per cent of the total eligible tax payers in Delhi - paid their property taxes this time.
* The new system of property tax was used by 3,74,650 taxpayers in 2009-10 financial year, as compared to the last year’s figure of 3,29,098.
* According to MCD officials, unauthorised colonies, rural and urban villages are the MCD’s weakest spot when it comes to property tax collection, where the compliance level is from 20 to 5 per cent.
* Last year, only around 8.63 lakh people had paid their property taxes.
* The agency will now begin a door-to-door survey to identify all eligible tax payers across the 12 municipal zones in Delhi. * Around 3,500 domestic breeding checkers (for vector-borne diseases) will be employed to carry out the survey since the MCD is facing a major shortage of staff in the assessment and collection department
