Summary:
more-inAfter years of inertia, the Chennai Corporation and other urban local bodies in Tamil Nadu have revised the property tax rates. While the Chennai Corporation last revised property tax in 1998, other local bodies in the State revised it in 2008. Currently, the Chennai Corporation has less than 80 property tax assessors to scrutinise the tax returns. So the collection of property tax returns will be a challenge,” said an official. “Unlike Bengaluru, we do not impose any penalty on assessees who fail to file property tax returns on time..