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HomeNewsTop NewsDMC collects property tax worth Rs 57 crore in FY24

DMC collects property tax worth Rs 57 crore in FY24

The municipal corporation of Dehradun has reported a rise in property tax revenue, amounting to Rs 57 crore for the financial year 2023-24. This marks an increase of Rs 5 crore from the previous year and Rs 41 crore from two years ago. Although the projected target for the current fiscal year was Rs 60 crore, DMC hopes with late dues still coming in, it will surpass this figure.

Dharmesh Panauli, tax superintendent, said, “Our revenue was Rs 5 crore more than last year and almost 30% of it was through online channels. The digital payments system has been enhanced and we believe in the coming years, payments through online channels will increase.”

He said there are over 1 lakh registered residential properties in the capital along with approximately 20,000 commercial ones. With advancements in digital infrastructure, the expansion of the property base has contributed to upsurge in revenue. However, the ongoing GIS mapping initiative aimed at accurately documenting properties across Dehradun is under way, with completion expected soon. Initiated in 2021 starting from Kaulagarh, this project is expected to provide DMC with accurate property counts.

Additionally, 50,000 households from 129 slum localities have also been brought under the tax framework further aiding increase in revenue.

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