The Times of India 04.03.2013
Survey of commercial properties in pipeline
CHANDIGARH: After imposing house tax, Chandigarh Municipal Corporation is now all set to undertake a survey of commercial properties for revision of tax on these establishments.
A total of Rs 5 lakh has been earmarked for survey in the budget. Significantly, in a missive, UT had recently told the MC for revision of existing tax on commercial properties, besides initiating property tax on residential properties.
Sources in the MC revealed that no survey of commercial properties has been carried out after 2009-10 and many commercial properties have been transferred to the civic body from UT.
"MC got four new villages from the Chandigarh administration in 2010-2011 in which there are around 3,100 units on whom we have to levy the commercial property tax.
Besides this, revision of existing tax is also pending since long. The tax on commercial properties was imposed in 2004 and as per norms, it should have been revised after three years in 2007, but nothing has been done till date," said a senior official of MC, pleading anonymity.
When asked, municipal commissioner Vivek Partap Singh said, "There is no recent revision in the commercial tax. An amount has been kept aside in the budget for revision. If required, the money can be used in the survey, as to get funds immediately for such an exercise is a tough task."
A total of Rs 5 lakh has been earmarked for survey in the budget. Significantly, in a missive, UT had recently told the MC for revision of existing tax on commercial properties, besides initiating property tax on residential properties.
Sources in the MC revealed that no survey of commercial properties has been carried out after 2009-10 and many commercial properties have been transferred to the civic body from UT.
"MC got four new villages from the Chandigarh administration in 2010-2011 in which there are around 3,100 units on whom we have to levy the commercial property tax.
Besides this, revision of existing tax is also pending since long. The tax on commercial properties was imposed in 2004 and as per norms, it should have been revised after three years in 2007, but nothing has been done till date," said a senior official of MC, pleading anonymity.
When asked, municipal commissioner Vivek Partap Singh said, "There is no recent revision in the commercial tax. An amount has been kept aside in the budget for revision. If required, the money can be used in the survey, as to get funds immediately for such an exercise is a tough task."
