STOCK MARKET BSE NSE

BMC Seeks Help of Cops to Track Holding Tax Evaders

In a bid to scale up its revenue, the Bhubaneswar Municipal Corporation (BMC) mulls to tie up with Commissionerate of Police.

Published: 16th December 2015 06:15 AM  |   Last Updated: 16th December 2015 06:33 AM   |  A+A-

BHUBANESWAR:  In a bid to scale up its revenue, the Bhubaneswar Municipal Corporation (BMC) mulls to tie up with Commissionerate of Police for detecting holding tax evaders.

BMC has already written a letter to DCP Satyabrata Bhoi for information on people who have given their houses on rent.

The evaders are likely to be fined from January, 2016 for the violation. While the civic body is spending crores of rupees on development initiatives, it receives a meagre sum from citizens in form of holding tax, a senior BMC official said.

The residents who have listed their houses as rented ones with the Commissionerate of Police but concealed the information from BMC or made an under-assessment of the same will be penalised. Recently, the Commissionerate of Police had directed denizens to submit details of tenants and a database of house owners was created. A feedback mechanism was also started in which house owners suggested ways and means to check crime, especially involving senior citizens across the city.

BMC’s Additional Commissioner Sudhansu Mohan Samal said, “BMC would initiate serious action against those people who take all benefits from the civic body but in return are doing a little towards paying the taxes.”

The Corporation is losing out on revenue due to holding tax evasion from citizens who have put their house on rent. As per rough estimation, while there are around one lakh holdings in the city, less than one-fourth of the number is actually shown as commercial or rental. “City’s civic requirements have become high and through an effective tax base, those can be fulfilled,” Samal added.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp