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Mumbai’s top property defaulters owe millions to BMC

Top corporates among defaulters as BMC intensifies recovery efforts

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The BMC collected Rs 500 crore in property tax in the last 20 days after it started uploading bills. Representation pic

The BMC collected Rs 500 crore in property tax in the last 20 days after it started uploading bills. Representation pic

In a rush to meet at least half of the property tax target, the BMC announced the list of the top 10 defaulters on Thursday. These defaulters haven’t paid Rs 147 crore in pending tax. The BMC collected Rs 500 crore in property tax in the last 20 days after it started uploading bills. The aim is to reach Rs 4,500 crore in the next 15 days. The corporation has collected Rs 1,194 crore so far, most of which is pending tax.

The BMC uploaded a property tax bill in the last week of December with an unannounced 15 to 20 per cent hike in the tax. After public backlash, it reissued the bills in the last week of February. But tax recovery is slow. The BMC had collected Rs 710 crore till February 26. And now, in the last 20 days, it has collected an additional Rs 500 crore, mostly from citizens waiting to clear their yearly dues on time.

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