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VMC started sealing of properties to recover taxes

The VMC has become aggressive in tax collection as the financial year is at its fag end. The civic body has set itself a target of recovering Rs 530 crore towards property tax of which Rs 480 crore has been recovered.

The Vadodara Municipal Corporation (VMC) sealed 265 commercial properties in the city to recover pending property tax. The owners of these properties deposited Rs 1.84 crore in all towards taxes.

The VMC has become aggressive in tax collection as the financial year is at its fag end.

The civic body has set itself a target of recovering Rs 530 crore towards property tax of which Rs 480 crore has been recovered.

According to sources, the VMC has started the process of sealing properties by sealing residential properties. In the coming days, the civic body may also start sealing residential properties to recover taxes.

The targets have been set against a total demand of Rs 769.96 crore towards property tax.

This includes both commercial and residential properties and taxes of the current financial year as well as those pending from the previous years.

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