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Vol. XLVIII · No. 134 · Established 1978 · Founded by K.B. Ganapathy
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Phew! MCC collects Rs.56.50 crore property tax in first month of fiscal year

Mysuru: Always behind target in collecting property tax, the Mysuru City Corporation (MCC) has collected Rs. 56.50 crore property tax as against the target of Rs. 157 crore for the financial year…

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Published May 3, 2019 · 5 min read
phew! mcc collects rs.56.50 cr

Mysuru: Always behind target in collecting property tax, the Mysuru City Corporation (MCC) has collected Rs. 56.50 crore property tax as against the target of Rs. 157 crore for the financial year 2019-20 by the end of Apr. 30, the first month of this financial year. And the good news is that officials are hopeful of reaching the target by the end this Financial Year (FY).

The MCC had offered 5% discount to property owners who pay tax in the month of April. Owing to the concession, owners of commercial and residential buildings and also site owners came forward to pay the taxes, say officials.

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