Friday, May 3, 2024
HomeNewsTop NewsBMC recovers Rs 5 crore property tax by seizing vehicles of defaulters

BMC recovers Rs 5 crore property tax by seizing vehicles of defaulters

If remaining defaulters did not cough up their dues within seven days, their vehicles would be auctioned, it said in a release here.

The Brihanmumbai Municipal Corporation (BMC) said on Thursday that it could recover Rs 5 crore from property tax defaulters after seizing 17 luxury vehicles in various cases. If remaining defaulters did not cough up their dues within seven days, their vehicles would be auctioned, it said in a release here.

The seized vehicles include cars such as Mercedes Benz, Audi, Skoda and Toyota Innova. Some of them belong to builders and real estate developers.

The civic body has decided to seize movable properties of defaulters for recovery of property tax dues.

It may also seize gadgets such as air-conditioners, television sets and furniture, an official said.

In 2016 the civic body started disconnecting water connections of defaulters for three weeks to recover tax dues, besides sealing lifts and entrances of concerned properties.

While presenting the budget for FY 20-21, the BMC commissioner had said property tax of around Rs 15,000 crore had not been paid.

In 2019-20, the BMC had targeted to collect Rs 5,015.19 crore in property tax, but till November-end it had collected only Rs 1,387 crore.

RELATED ARTICLES

Most Popular

Hot News