Mangaluru, May 9: In the first month of the financial year, around 20% of the annual collection of property tax of Rs 12 crore has been collected with the support of citizens by the efforts of Mangaluru City Corporation Commissioner Hephsiba Rani Korlapati.
MCC has achieved the target property tax collection of Rs 50 crore for the fiscal in the revenue collected under property tax through the self assessment scheme (SAS). The fact that people get a 5% refund on their total property tax, if it is paid in April, excluded of solid waste management cess, has also contributed to this huge payment of taxes.
Out of 1.90 lakh properties both commercial and residential in the city, this amount has been paid by 27,000 owners.
In 2014-15, the MCC had net collected Rs 41.46 crore in the form of property tax.
MCC is also seriously working on the plan of online tax payment with city based Corporation Bank coming forward to facilitate the process. The bank has requested for certain modifications in the corporation website for this purpose, said Hephsiba Rani Korlapati.
At present, people are paying property tax at Mangalore One Centres or designated branches of nationalized commercial banks in the city.
People have the option of paying their property tax anytime during the year. But, for payments made during May and June, they will not get any refund and will have to pay 2% penalty for every month afterwards. Majority of the property owners attempt to make the property tax payment in these first three months, said Raju Mogaveera Koni, deputy commissioner (revenue), and this prompt payment made by citizens sets example for others to follow.