HYDERABAD: Despite waiver of interest on arrears and sending red notices to defaulters, nearly 52,000 property owners have not paid their tax to the Greater Hyderabad Municipal Corporation (GHMC) in financial year 2011-12, which ended on March 31.
The corporation had set a target of Rs 752 crore from 12,40,257 properties, but only 11,88,379 property owners have come forward to pay Rs 634 crore property tax, including the state government's Rs 20 crore towards its properties and Industrial Areas Local Authority (IALAs) payment of Rs 13.88 crore. On the last day of the financial year, the GHMC could collect only Rs 60 crore.
However, the GHMC officials were content as the 2011-12 collection is Rs 135 crore more than that of 2010-11 that had Rs 494 crore. They attribute the windfall to enhancement of property tax for commercial establishments and 25% property tax penalties levied on unauthorised buildings.
The highest collection of Rs 167 crore was from Circle 10, which covers upmarket areas like Banjara Hills, Jubilee Hills, Ameerpet, Punjagutta and Khairatabad. Interestingly, DLF India alone paid Rs six crore towards property tax to the corporation. On the other hand, the lowest collection was from Rajendrangar municipal circle with just Rs 7.74 crore. The major reason for fall in tax collection in the circle, which comes under South Zone, was that of 39,653 property tax assessments as only 24,142 property owners paid the tax. South Zone, which covers Old City (circle 4, 5 & 6), has contributed only Rs 44 crore from 2,37,381 assessments. Incidentally, Circle 4, jurisdiction of which is over areas in and around Charminar, has the highest number of assessments with 1,24,536, but only Rs 25.15 crore was collected from that area.
GHMC Central Zone earned Rs 277 crore, East Zone Rs 70 crore, West Zone Rs 113 crore and North Zone Rs 94 crore. In the West Zone, Kukatpally municipal circle, which has 1,10,115 tax payers, raised Rs 52 crore, emerging as one of the top revenue-earning circles after Circle 10 (Khairatabad) and Circle 18 (Sec'bad).
The corporation has set a target of Rs 1,000 crore property tax for the current financial year 2012-13. Officials hope to achieve the target as property tax revision would operate in a month's time. "The GHMC is likely to get another Rs 30 to Rs 40 crore in April as the state government has extended the waiver of interest on property tax arrears till April 30," an official of the corporation said.
Many corporators allege that the corporation is focusing on property owners who have been paying tax by enhancing and imposing penalties, but turning a blind eye on unassessed properties.
The corporation had set a target of Rs 752 crore from 12,40,257 properties, but only 11,88,379 property owners have come forward to pay Rs 634 crore property tax, including the state government's Rs 20 crore towards its properties and Industrial Areas Local Authority (IALAs) payment of Rs 13.88 crore. On the last day of the financial year, the GHMC could collect only Rs 60 crore.
However, the GHMC officials were content as the 2011-12 collection is Rs 135 crore more than that of 2010-11 that had Rs 494 crore. They attribute the windfall to enhancement of property tax for commercial establishments and 25% property tax penalties levied on unauthorised buildings.
The highest collection of Rs 167 crore was from Circle 10, which covers upmarket areas like Banjara Hills, Jubilee Hills, Ameerpet, Punjagutta and Khairatabad. Interestingly, DLF India alone paid Rs six crore towards property tax to the corporation. On the other hand, the lowest collection was from Rajendrangar municipal circle with just Rs 7.74 crore. The major reason for fall in tax collection in the circle, which comes under South Zone, was that of 39,653 property tax assessments as only 24,142 property owners paid the tax. South Zone, which covers Old City (circle 4, 5 & 6), has contributed only Rs 44 crore from 2,37,381 assessments. Incidentally, Circle 4, jurisdiction of which is over areas in and around Charminar, has the highest number of assessments with 1,24,536, but only Rs 25.15 crore was collected from that area.
GHMC Central Zone earned Rs 277 crore, East Zone Rs 70 crore, West Zone Rs 113 crore and North Zone Rs 94 crore. In the West Zone, Kukatpally municipal circle, which has 1,10,115 tax payers, raised Rs 52 crore, emerging as one of the top revenue-earning circles after Circle 10 (Khairatabad) and Circle 18 (Sec'bad).
The corporation has set a target of Rs 1,000 crore property tax for the current financial year 2012-13. Officials hope to achieve the target as property tax revision would operate in a month's time. "The GHMC is likely to get another Rs 30 to Rs 40 crore in April as the state government has extended the waiver of interest on property tax arrears till April 30," an official of the corporation said.
Many corporators allege that the corporation is focusing on property owners who have been paying tax by enhancing and imposing penalties, but turning a blind eye on unassessed properties.
No comments:
Post a Comment