{"id":16084,"date":"2013-04-04T08:31:04","date_gmt":"2013-04-04T08:31:04","guid":{"rendered":"http:\/\/www.bharatestates.com\/blog\/?p=16084"},"modified":"2020-06-15T04:16:15","modified_gmt":"2020-06-14T22:46:15","slug":"16084-chennai-corporation-collection-of-461-crore-property-tax","status":"publish","type":"post","link":"https:\/\/www.bharatestates.com\/blog\/16084-chennai-corporation-collection-of-461-crore-property-tax\/","title":{"rendered":"Chennai Corporation \u2013 Collection of 461 crore Property Tax"},"content":{"rendered":"

\"prop-tax\"Chennai:<\/strong> The Corporation has collected property tax of 461.10 crore from the 15 zones in 2012-13. The Teynampet zone of the Chennai corporation alone shared 22% of the entire collection of property tax which is around 103.84 crore. The Adyar zone came second with 65.27 crore collection, where as it was followed by Royapuram with 64.26 crore, Kodambakkam with 49.45 crore and Anna Nagar with 43.29 crore. The newly added zones did not contributed well as they were below the 15 crore line. New zone Ambattur made its way above 15 crore with 28.89 crore. The number of household and the nature of buildings highly affect the property tax imposed in the zone.The collection of Teynampet zone was expected to be high as the area comprises Boat Club Road, Poes Garden, Harrington Road, Sterling Road and T Nagar. These areas have huge commercial and residential buildings<\/a>. The most of government departments were defaulters as always which delayed the process.The biggest amount of income in corporation is from the property tax and any deficit in the property tax collection can proportionately influence infrastructure schemes. The corporation presented their budget with shortfall of 1.1 crore. They are expected to receive 780 crore from taxes, including property and professional taxes<\/a> out of the intended 3630 crore budget. Many residential places are used for commercial purposes which lowered the property tax as the property tax for commercial buildings is higher than the residential.For payment of the taxes people mostly favored the conventional way by personally coming to corporation offices, only 7.20 crore was collected from banks and online transactions.The officials said that the large amount of these taxes goes to salaries of staff and payment of amount overdue for sixth pay commission, which leaves a small amount for the infrastructures.\u0437\u0430\u0439\u043c \u043d\u0430 \u043a\u0430\u0440\u0442\u0443 \u0431\u0435\u0437 \u043e\u0442\u043a\u0430\u0437\u043e\u0432 \u043a\u0440\u0443\u0433\u043b\u043e\u0441\u0443\u0442\u043e\u0447\u043d\u043e<\/a>\u0432\u0437\u044f\u0442\u044c \u043a\u0440\u0435\u0434\u0438\u0442 \u043e\u043d\u043b\u0430\u0439\u043d<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Chennai: The Corporation has collected property tax of 461.10 crore from the 15 zones in 2012-13. The Teynampet zone of the Chennai corporation alone shared 22% of the entire collection of property tax which is around 103.84 crore. The Adyar zone came second with 65.27 crore collection, where as it was followed by Royapuram with […]<\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-16084","post","type-post","status-publish","format-standard","hentry","category-realty-news"],"blocksy_meta":[],"yoast_head":"\nChennai Corporation \u2013 Collection of 461 crore Property Tax -<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.bharatestates.com\/blog\/16084-chennai-corporation-collection-of-461-crore-property-tax\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Chennai Corporation \u2013 Collection of 461 crore Property Tax -\" \/>\n<meta property=\"og:description\" content=\"Chennai: The Corporation has collected property tax of 461.10 crore from the 15 zones in 2012-13. The Teynampet zone of the Chennai corporation alone shared 22% of the entire collection of property tax which is around 103.84 crore. 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