Coimbatore Corporation collects ₹ 115.59 crore in property tax
The Hindu
Tax collection percentage stands at 91%; highest tax payment was in North Zone
For the 2020-21 financial year, when people were indoors because of the COVID-19 lockdown and election work took over towards the year-end, the Coimbatore Corporation had managed to collect 91% of the property tax demand. Sources in the Corporation said of the ₹ 171.25 crore to be collected, the Corporation had collected ₹ 115.59 crore. In the year before the last financial year (2019-2020) too the civic body had registered a similar tax collection percentage – 91. As in 2019-20 FY, last year too, more assessees in the 20 wards in North Zone had paid the tax than their counterparts in the other four zones – 97%. In 2019-20, 95% tax payers had paid their taxes.
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