Summary:
The marginal increase in the property tax collection, rising discontent among residents and the unusual dip in collection through online mode are worrying civic officials. However, a study by the local body has pointed to the gradual reduction in property tax collection across the country owing to other indirect taxes. This accounts for 75% of the property tax collection in the period between April 1 and August 20, 2017, compared to 66% last year. Many residents have started demanding the civic body stop the collection of property tax. However, the civic body is yet to announce any initiative to improve tax collection or revise rates..