Save 10% on tax by paying before September 30

LUDHIANA: To generate maximum revenue by the end of September, the civic officials are now going to knock at the doors of the responsible residents, who generally pay their taxes on a regular basis. These residents will be encourages to pay their taxes before September 30 and avail 10% rebate on tax amounts.
Apart from collecting the payments online, the civic officials will also visit the premises of the residents with e-PoS machines to collect taxes. This is because the officials have been told to collect the tax from field in the form of digital transactions.

The sources revealed that income tax department has also sought explanation from the civic officials as to how they are collecting huge amount of tax in cash when there are clear instructions that major payments should be through cheque or digital transactions. Hence, the officials have now decided to use e-PoS machines while on the field.

The officials have prepared a list of 544 residents, who have been paying their taxes regularly. The officials have estimated a collection of Rs 17.50 crore from these residents. Similarly, there are also a second category of 350 residents from whom the officials are expected to collect Rs 5 crore. Requesting anonymity, one of the officials said they have been calling the owners of big malls and other commercial units for paying their taxes before September end and also offering to personally visit their premises for calculation of tax amount and receive its payment.

MC superintendent Vivek Verma said, “If these people pay taxes in advance or before September 30, they will benefit from the 10% rebate on the total amount. We will call them and if required, visit them personally for collection of tax.”

Meanwhile, the additional commissioner Sanyam Aggarwal said field staff will not be allowed to collect cash from people and they will be given machines for receiving digital payments.

Notably, the property tax branch of the MC has been given Rs 100-crore tax collection target for this financial year. The MC commissioner K P Brar has already fixed zone-wise targets for the officials. For the zone D, Rs 43 crore target has been set which is the maximum, while for Zone A, B and C, Rs 16 crore, Rs 25 crore and Rs 16 crore targets have been fixed.