The deadline for availing 6% concession towards prompt payment of property tax has been extended by one month till July 31 by the Kolhapur Municipal Corporation (KMC).
The KMC took the decision after traders claimed that they are in no position to pay the tax due to the ongoing Covid restrictions. The traders also demanded an extension of the concession that will give a 6% concession to the owners paying their property tax.
Kadambari Balkawade, civic administrator, said, “We have passed an administrative decision to extend the deadline. The citizens and traders can now avail the concession if they pay tax amount before July 31. The financial strain faced by the property tax payers and traders due to Covid pandemic has affected the revenue of the civic body.”
On June 30, around Rs 1.5 crore was collected by the KMC through property tax and since April 1, around Rs 17 crore tax have been collected. The property owners have till date received a total concession of around Rs 1 crore. Property tax is a major revenue source for the KMC and for the current financial year the civic body has set a target of Rs 60 crore.
“Since the decision has been taken for the first time, it will take some time to make required adjustments in the online tax collection system. We will take six days to make necessary changes in the computerised system of tax collection to make the concession scheme available,” a civic official said.
