Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home International Customs India

Chennai Corporation to seize properties of tax defaulters

byCustoms Today Report
08/01/2015
in India
Share on FacebookShare on Twitter

CHENNAI: Residents who have not paid property tax to the Chennai Corporation will soon be informed that their property will be seized. The list of assesses who have failed to pay their tax even 15 days after the deadline will be generated for action shortly.

Chennai Corporation has instructed Revenue Department officials to initiate measures to serve a ‘distraint warrant’ for failure to pay property tax. The Chennai Corporation has to pay more than Rs.200 crore for major infrastructure project works completed in the city. The civic body is planning to improve property tax collection to meet the expenses.

You might also like

DRI busts smuggling rackets, seizes 31kg gold

03/02/2020

Longest smuggling tunnel, larger than 14 football fields, discovered on US-Mexico border

30/01/2020

If taxes are not paid by any of the 12 lakh property tax assesses in the city, the property could be seized and sold for the amount of taxes and expenses due. The officer will first demand payment of the tax due and the warrant fee. The revenue officials will seize such movable property of the defaulter, make an inventory of the property seized, and give a copy of the inventory and the notice of sale. A week’s notice is served for paying the amount due and redeeming the property seized. A recent study estimated an arrears of property tax to the tune of more than Rs.1,000 crore. However, after officials pointed to flaws in the study, the Corporation is currently re-evaluating the data. Earlier, the civic body tried to get government approval to disconnect water and power supply to houses and business establishments that do not pay property tax. The government is yet to give approval.

Tags: tax

Related Stories

DRI busts smuggling rackets, seizes 31kg gold

byadmin
03/02/2020

VIJAYAWADA: The Directorate of Revenue Intelligence (DRI) seized 31.5 kg gold worth 13.3 crore in the last three days. DRI...

Longest smuggling tunnel, larger than 14 football fields, discovered on US-Mexico border

byadmin
30/01/2020

The longest smuggling tunnel has been discovered by the US authorities on the Southwest border, which stretches more than three-quarters...

Two excise men held for booze smuggling links

byadmin
21/01/2020

PATNA: In a first-of-its-kind case since prohibition was imposed in the state, two excise officials have been arrested for links...

Gold smuggling on the rise as high prices boost appeal in India

byadmin
13/01/2020

NEW DELHI: Illegal inflows have jumped after the Indian government increased import taxes in July and prices surged to record...

Next Post

Astonished gadgets hypnotize audience at Consumers Electronic Show 2015

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.