India, Feb. 8 -- With the financial year coming to an end next month, the Navi Mumbai Municipal Corporation (NMMC) has begun cracking down on property tax defaulters who have not responded to multiple notices for payment of dues. The civic body has attached properties of 33 major tax defaulters and recovered Rs.5.12 crore from 10 of them.
The NMMC's target for property tax collection as per the 2024-25 budget was Rs.900 crore, out of which it has achieved Rs.617 crore. The civic body has issued notices to around 8,000 defaulters whose dues exceed Rs.1 lakh. Additionally, it has attached properties of 33 major defaulters who did not respond to notices even after expiry of the stipulated period.
"Property tax is the main source to provide...
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