Rs.100 Crores Property Tax Collected in 40 Days, a new record by Thane Municipal Corporation

Thane Municipal Corporation

It was noticed that The Thane Municipal Corporation (TMC) had collected Rs 100 crore as property tax in just 40 days. In May 2022, the Thane Municipal Corporation (TMC) collected Rs 11.46 crore. Last year, 6,415 property owners paid taxes; this year, the number has increased to 74,908.

Thane Municipal Corporation (TMC) Commissioner Abhijit Bangar said, “Following the record property tax collection of Rs 722 crore in the previous financial year, the TMC initiated tax payments for the current financial year from April 1. Citizens responded spontaneously to the messages sent to their mobile phones. He also added, in the past, payments were sent to property holders by the end of May. However, in this financial year, the link to pay online was made available via SMS on the first day, April 1, 2023.

The collections are also nearly 10 times more than what was Collected in the same period last fiscal,officials said.