Nagpur Municipal Corporation (NMC) data reveals that 50% of property owners in Nagpur have defaulted on their property tax, leading to a significant shortfall in revenue. The total unpaid taxes amount to 140.93 crore, with most defaulters owing less than 10,000. Explore the impact of tax defaults on NMC s financial health and the initiatives taken to improve tax collection.
Out of 7.05 lakh properties in Nagpur, only 1,363 have adopted rainwater harvesting to boost groundwater. The Nagpur Municipal Corporation offers a 5% rebate in property tax for eco-friendly initiatives like RWH, solar energy use, wastewater recycling, and vermicomposting.
Property tax defaulters owe 400 crore+ to NMC Nagpur. The municipal administration has launched an extensive recovery drive in the city due to paucity of funds and default in property tax payments. The NMC aims to earn Rs 300 crore in property taxes for the current financial year.
Private hospitals, which have faced brickbats over misuse of parking spaces leading to chaos on several city roads, top the list of defaulters. As many 722 hospitals owe the corporation Rs27.29 crore in all.