Rs 24 lakhs have been deposited as property tax by the inhabitants of flats in Ultadanga and other residential and commercial dwellers and property owners within 2 weeks after currency ban was on air. According to the civic bodies the amount is almost four times than each week’s property tax collection i.e.- approximately 3 lakhs in a week. News is also there that Kolkata Municipal Corporation has drawn Rs 73 crore in a fortnight from tax ensemble. Bidhannagar municipality too has yielded from the demonetarization move. This was an outcome of retention of old currency notes as due property tax by the civic body of Bidhannagar.
As per the officials of Bidhannagar Corporation the average amount put by each week is roughly 3 lakhs. An additional information has came in front is the civic body will be collecting old 500 currency notes till December 15. There is a rough expectation of additional 50 lakhs likely to be mounded within this extend period of property tax collection, which will be a record collection in itself.
The latest update made by the Corporation commissioner Alokesh Prasad Roy was- ‘’Tax payment could be made using the old Rs 500 notes till December 15. According to the RBI directives, payment can no longer be done with the old Rs 1,000 notes.’’
The corporation officials assume that all the blackguards had been standing in the queue in the last few days all of a sudden to clear up their dues using banned 500 and 1000 notes. Though this method they are in one hand paying due taxes and getting rid of black money consumption on the contrary. The corporation authorities have been collecting property tax at pre-2005 rates as they are yet to put together a new tax structure since the Supreme Court verdict in 2007.
The Bidhannagar municipality had taken up a process of new tax structure in 2013 by circulating self-assessment forms to all lease-holders, asking residents to clarify the details of their properties with breakup of the entire property consumption, floor area, garage area, years and cost of the construction, sanction date of building plan and other major information about in case there is any redevelopment or the alteration of the property. Though the movement initiated by the Bidhannagar Corporation was fell down radically as the authority didn’t have proper infrastructure to collect and inspect all the forms.