shot-button
Maharashtra Elections 2024 Maharashtra Elections 2024
Home > Mumbai > Mumbai News > Article > Thane Achieved 32 pc of annual tax target in 3 months says TMC chief

Thane: Achieved 32 pc of annual tax target in 3 months, says TMC chief

Updated on: 16 June,2023 12:46 PM IST  |  Thane
mid-day online correspondent |

The Thane Municipal Corporation (TMC) has collected 32 per cent of its targeted taxes for this financial year in the first three months

Thane: Achieved 32 pc of annual tax target in 3 months, says TMC chief

Representative image

The Thane Municipal Corporation (TMC) has collected 32 per cent of its targeted taxes for this financial year in the first three months.


In the first quarter of the current financial year 2023-24, the Thane Municipal Corporation collected Rs 253.86 crore in taxes.


Last year in 2022-23, in the same period the civic body had collected Rs 185.86 crore.


Thane Municipal Comissioner Abhijit Bangar attributed the higher collection to the 10 per cent rebate that they had offered in the payment of the full year's taxes in advance. "The rebate has now been extended till June 30," said Abhijit Bangar.

Another senior official said that the tax collection in 2022-23 stood at Rs 752 crore.

"This year, the target is Rs 800 crore," he said.

(with inputs from PTI)

"Exciting news! Mid-day is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest news!" Click here!

Register for FREE
to continue reading !

This is not a paywall.
However, your registration helps us understand your preferences better and enables us to provide insightful and credible journalism for all our readers.

Mid-Day Web Stories

Mid-Day Web Stories

This website uses cookie or similar technologies, to enhance your browsing experience and provide personalised recommendations. By continuing to use our website, you agree to our Privacy Policy and Cookie Policy. OK