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Demonetisation : BMC sets record in tax collection

BMC sets record in tax collection

Bhubaneswar : Modi government’s initiative to curb the black market through demonetization has benefited the city’s municipal corporation to an extent. Bhubaneswar Municipal Corporation (BMC) has set a record in tax collection within the last week.

With the government declaration towards accepting the banned notes of Rs 500 and Rs 1000 till November 24 to pay government utility bills, BMC has been busy collecting various taxes from the public in the form of holding tax, users fee and licenses. Despite being a holiday from last Saturday to Monday, BMC had opened the tax collection section following which crowds thronged at the counters to pay their much pending taxes. Sources said, some people paid even for the next year also by availing some discounts.

Tax collected on Sunday being Rs 18 lakh and Rs 48 lakh on Monday, a total of Rs 66 lakh was collected in only two days. Mayor Ananta Narayan Jena said, keeping in mind the present situation BMC has decided to receive both the old pending taxes and the taxes for the next year with the invalid notes till November 24. He further said that if tax payment is must, then why not pay now and use old currency notes.

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