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Corporation may hike IT firms' property tax by up to 200%

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The New Indian Express               23.05.2013

Corporation may hike IT firms' property tax by up to 200%

The Chennai Corporation’s council meet in progress at Ripon Building on Wednesday. |EPS
The Chennai Corporation’s council meet in progress at Ripon Building on Wednesday. |EPS

The Chennai Corporation’s council meeting has adopted a resolution to revise the property tax up to 200 per cent for the IT  firms situated across the city.

Accordingly, property tax for IT companies, which are categorised as Specialty Buildings, located in Anna Nagar, Teynampet, Kodambakkam and Adyar zones has been revised by 200 per cent.

While 100 per cent revision has been effected to the IT institutions in Manali, Royapuram Thiru Vi Ka Nagar and Sholinganallur zones, 75 per cent revision has been fixed for the firms operating in Valasaravakkam zone. IT companies at Alandur, Ambattur and Tiruvottiyur must pay a 50 per cent hiked property tax.

Since no objection was received from the general public, the resolution to collect the revised property tax is being forwarded to the Government for approval.

Feasibility Study 

The Chennai Corporation’s council meeting on Wednesday adopted a resolution for constructing skywalks at Mambalam railway station and Parry’s-Fort railway station.

This apart, feasibility study will be conducted for link roads in Adyar and Koyembedu, tenements at Nungambakkam, subways at Mylapore, Walajah Road and Thyagaraya Nagar.

The council adopted another resolution for earmarking `1.50 crore for acquiring private land to expand Sterling First Lane and Sterling Avenue Road, in a bid to decongest traffic on Sterling Road, Nelson Manickam Road and College Road. 

Muslim Cemetry

Following representations from Muslims, the Chennai Corporation has earmarked land measuring about 50 cent on Velacherry-Taramani 100-ft road for being used as burial ground for the Muslims.

Mayor Saidai Duraisamy said at the council meeting that the land was allocated, following direct recommendations of the Chief Minister in this regard.

Pay Cut Mooted 

Mayor Saidai Duraisamy has warned that salary would be reduced for conservancy workers, who fail to execute their responsibilities. Duraisamy also added that registers would be maintained to record the details regarding the places where the conservancy employees work and the number of days of their employment.

Stormwater Drains

Warning of stern action against those who misuse stormwater drains to discharge sewage, Mayor Saidai Duraisamy said that licences of commercial establishments would be cancelled, if they were found indulging in such violations. The mayor said this following questions from Councillors pointing out that stormwater drains  is being connected to sewage lines from shops and houses. This resulted in stagnation of rainwater during monsoon, causing health and traffic problems, they added. “We had already issued notices to some violators. The ward councillors should also identify such illegalities in their areas and ensure action,” the mayor added.

Houses Included

While the Mayor warned commercial establishments of licence-cancellation if they let sewage into stormwater drains, it was not clear what the penalty would be if the illegality was done by residential buildings. When contacted by Express, the mayor clarified that the focus presently was on commercial establishments and the action against houses would follow later.