SURAT: Surat Municipal Corporation (SMC) has created a record in the recovery of current demand of property tax. It also made a new record by collecting four times the vehicle tax collected a year before. In revenue collection against the target and demand of Rs 1,180 crore, SMC managed to collect Rs 1,223 crore by March 31, 2012.
It was expected this year the SMC would earn more because of revision in the property tax rates and re-assement of more than 30 per cent of properties.
"If we look at the overall picture, we had issued the demand for Rs 394.03 crore including arrears of Rs 101.64 crore. We were able to collect Rs 44.77 crore of arrears and from the current demand of Rs 292.34 crore, we collected Rs 278.64 crore in property tax," said Sharad Mehta, deputy commissioner, finance, SMC.
Effectively, in arrears only 44.03 per cent recovery was possible but in current the recovery percentage of 95.32 is highest in the last three years.
Athwa zone of the city topped the list with 101.67 per cent recovery. Against the demand of Rs 42.59 crore , the zone gave a recovery of Rs 43.20 crore.
In Varachha zone against the demand of Rs 59.76 crore , recovery was 92.10 per cent at 55.03 crore. Due to large amount of arrear, central zone and Udhna zone lagged behind in recovery with only 63.50 and 80.58 per cent, respectively .
In professional tax against the recovery of Rs 47.50 crore, in 2010-11 SMC recovered Rs 65.17 crore by March 31, 2012 which is Rs 17.50 crore more. SMC plans to set a target of Rs 100 crore for next year.
Similarly, in the field of one-time vehicle tax against the collection of Rs 8 crore in 2010-11, the SMC collected Rs 32.10 crore by March 2012, which is more than 300 per cent.
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