The NMC administration has tied up with some select nationalized and scheduled banks for collection of property taxes. The collection of the property taxes at the select bank branches is expected to commence within the next two months.
Accordingly, the property tax paying facilities will be available at around 80 branches of some nationalized and scheduled banks within the NMC limits.
Speaking to TOI, the municipal commissioner Sanjay Khandare, said, "Presently, house and water taxes are collected at the divisional offices of NMC. Most of the time citizens have to remain in a long queue. With an aim to make citizens convenient to pay property taxes, we have tied up with some nationalized and scheduled banks having total 80 branches across the city. It will help citizens to pay property taxes at nearby branch making them more convenient. Moreover, it will also help increasing more collection of the property tax."
Khandare avoided divulging the names of the banks with whom the NMC has tied up for collection of property taxes.
The municipal commissioner further said, "In the first phase within the next two months, the property tax collection outlets are to be opened at 80 branches of some select nationalised and scheduled banks in the city. The number of outlets will also be increased in the city following review of the response from the citizens."
"We are working on software and the agreements with the banks and it is expected to be finalised within the next few days. Our aim is to make the tax recovery system more effective and increase cent percent recovery of taxes. Moreover, streamlining administrative working system is our major priority," Khandare said.