Nation Other News 23 Nov 2018 BBMP should ensure t ...

BBMP should ensure that more people pay tax

DECCAN CHRONICLE.
Published Nov 23, 2018, 6:21 am IST
Updated Nov 23, 2018, 6:21 am IST
Many estimates indicate that twice the property tax can be collected.
The collection was equally dismal in 2017-18 as it ended up with just Rs 1,702 crore as against its target of Rs 2,600 crore.  (Representational Images)
 The collection was equally dismal in 2017-18 as it ended up with just Rs 1,702 crore as against its target of Rs 2,600 crore. (Representational Images)

That the BBMP is  failing to collect property tax  is obvious. While it hoped to mop up at least Rs 3,100 crore from the tax for the year 2018-19,  the figures until October show it has managed to collect a mere Rs 1,989 crore. 

The collection was equally dismal in 2017-18 as it ended up with just Rs 1,702 crore as against its target of Rs 2,600 crore. The BBMP failed in 2016-17 too,  badly falling short of its target of Rs 2,300 crore by collecting just Rs 1,463 crore. “Not even once has the total property tax collected crossed Rs 2,000 crore despite the increasing number of properties in the city,” note civic experts.

 

“Many estimates indicate that twice the property tax can be collected. But the BBMP is unable to collect it from property owners because not all properties are  in the tax net,” points out civic expert  Ravichandar, arguing that instead of increasing the tax,  the BBMP should focus on making sure that more people pay it. This  would do away with the need to hike the tax as the BBMP would get its revenue, he observes. 

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