The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur


  • Home
  • City
  • Politics
  • Business
  • Education
  • Entertainment
  • Sports
  • Health
  • Crime
  • Forest
  • Featured
  • Vidarbha
Nagpur City

NMC:Penalty levied on defaulters will not be exempted this year

by TLN Team February 27, 2020
written by TLN Team February 27, 2020
NMC:Penalty levied on defaulters will not be exempted this year

The civic administration of the city is facing a financial crunch and it is now concentrating water and property taxes to recover from the situation. For this purpose an objective of collecting 531 crore from property tax and 166 crore from water tax has been set for the financial year 2019-20.

Due to this financial crisis, civic chief  Tukaram Mundhe informed that the penalty levied on defaulters will not be exempted this year.NMC has also launched a direct campaign has been initiated to recover the pending municipal taxes from defaulters in the city.

The penalty was exempted from time to time earlier. However, this exemption did not benefit the recovery of taxes. The commissioner rights to exempt penalty as per law. But, considering the condition civic body commissioner has clearly specified in the general meeting that penalty will not be waived for defaulters. Around Rs 205 crore have been recovered from property tax collection till January 25 this year and this figure is not likely to cross Rs 260 crore by March end. The proposed expenses for financial year 2019-20 are 2,388 crore while proposed income is 2,400 crore.

And regarding water tax collection the civic body are expected to collect Rs.166 crore and until now Rs.140 crore have been collected .As per information, NMC tax recovery will be adversely affected if the penalty amount is waived off.The point to be noted here is that despite of waiving penalty many tax payers are continued to default on paying property tax and water tax to the civic body.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Marathi language compulsory in every schools in state
next post
Ahead of five day week schedule,ZP issues GR says one CL for three day late mark

You may also like

NMC offers concession in property tax

May 18, 2022

Nagpur – 41.8, citizens face humidity

May 18, 2022

Viewers can ask questions on Hello Sahyadri

May 18, 2022

Two students from Nagpur won Oxford Big Read...

May 18, 2022

RTMNU releases Summer 22 examination dates for UG,...

May 18, 2022

Mumbai-Nagpur high-speed rail corridor expected to cost Rs...

May 18, 2022

RSS memorial recce: Nagpur ATS arrest JeM terrorist...

May 18, 2022

SECR to give 8 lakh to victims of...

May 18, 2022

RSS training camp begins

May 18, 2022

CGM Mouda Inaugurates Mobile Medical Unit

May 18, 2022

Trending News

  • Umran Khan becomes youngest bowler to take 20 wickets in an IPL

    May 19, 2022
  • Mini MBA course in just one rupee, know how

    May 17, 2022
  • Know how to block spam calls on iPhone

    May 16, 2022
  • India reeling under 50°Celsius is a matter of concern

    May 16, 2022
  • Rohit Sharma, K L Rahul to be rested for T20 series

    May 15, 2022

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

February 2020
M T W T F S S
« Jan   Mar »
 12
3456789
10111213141516
17181920212223
242526272829  

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Featured
  • Crime
  • Entertainment & Lifestyle
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.