Suman Chakraborti TNN
Kolkata: The Bidhannagar Municipality is all set to restart the process of collecting property tax. The civic body had started collecting taxes in March, but the process had to be stalled a couple of weeks later after some confusion over tax calculation surfaced.
“We are going to restart collecting property tax soon. Tax rates will be based on the old, 2005 rates as directed by minister Firhad Hakim,” said Bidhannagar Municipality chairperson Krishna Chakraborty.
According to the old tax structure, those who have an annual valuation of their property between Rs 1 and Rs 999 will have to pay a tax of 3.5% of the annual valuation. The tax rate will go up to 10.5% for property that has an annual valuation of over Rs 10,000 (See chart). The civic authorities are expecting to collect around Rs 9 crore in the form of property tax this fiscal.
Officials said that bills of those who have already paid their taxes will be adjusted and fresh bills will be sent to those who did not pay their bills in March. According to sources in the civic body, Bidhannagar Municipality had collected a total of Rs 6.57 crore in the form of taxes in a couple of weeks in March. “We have almost completed the process of calculating the tax rate based on pre-2005 rates and will start dispatching the bills soon,” said a civic official.
Officials said that bills of those who have already paid their taxes will be adjusted and fresh bills will be sent to those who did not pay their bills in March. According to sources in the civic body, Bidhannagar Municipality had collected a total of Rs 6.57 crore in the form of taxes in a couple of weeks in March. “We have almost completed the process of calculating the tax rate based on pre-2005 rates and will start dispatching the bills soon,” said a civic official.
Tax collection in Salt Lake remained suspended for a few years in the past. On February this year, the civic body sent a notice to the residents that the municipality will start collecting tax for fiscal 2010-11, 2011-12 and arrears from 2007 to 2010. There was a mad rush to pay taxes after the bills were dispatched. But many residents started complaining that the tax bills they received were not matching pre-2005 rates. The civic authorities then sought intervention of urban development and municipal affairs minister Firhad Hakim. The tax collection process was stopped after the minister admitted that there was confusion over the tax bills. There were some miscalculations in the tax bills that was prepared.
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