+
Hubballi-Dharwad civic body collects Rs 1 billion property tax in 7 months
Real Estate

Hubballi-Dharwad civic body collects Rs 1 billion property tax in 7 months

The financially struggling Hubballi-Dharwad Municipal Corporation (HDMC) has achieved a record-breaking property tax collection of over Rs 1 billion in the first seven months of the 2024-2025 financial year. This accomplishment is attributed to efforts aimed at making the tax payment process more convenient and user-friendly.

By the end of October 2024, the HDMC had collected Rs 1.02 billion, nearing its annual target of Rs 1.41 billion. This figure is reportedly the highest in the civic body's history.

Local elected representatives, including councillors, had been vocal in their criticism of HDMC officials, accusing them of inefficiency in tax collection. The corporation's financial condition had been dire, exacerbated by the government's failure to release grants. As a result, officials faced mounting pressure to boost internal revenue generation.

To address the situation, HDMC Commissioner Ishwar Ullagaddi implemented several initiatives to streamline the tax collection process. These measures included introducing an online payment system, sparing taxpayers from having to visit payment counters during adverse weather conditions or endure long queues. Additionally, staff members were equipped with Point of Sale (PoS) machines, enabling doorstep collection of tax payments.

A 5 per cent concession was initially offered to taxpayers making payments in April, which was subsequently extended to the end of May and later to the end of August. This initiative significantly increased revenue for the HDMC.

Deputy Commissioner (Revenue) Vishwanath PB said that the highest collection occurred in August, amounting to Rs 550.3 million. May saw Rs 90.2 million collected, followed by Rs 80.7 million in June, Rs 100.9 million in July, and Rs 50.9 million in August. However, collections dropped in September and October, amounting to Rs 40.6 and Rs 50.6 million, respectively.

The financially struggling Hubballi-Dharwad Municipal Corporation (HDMC) has achieved a record-breaking property tax collection of over Rs 1 billion in the first seven months of the 2024-2025 financial year. This accomplishment is attributed to efforts aimed at making the tax payment process more convenient and user-friendly. By the end of October 2024, the HDMC had collected Rs 1.02 billion, nearing its annual target of Rs 1.41 billion. This figure is reportedly the highest in the civic body's history. Local elected representatives, including councillors, had been vocal in their criticism of HDMC officials, accusing them of inefficiency in tax collection. The corporation's financial condition had been dire, exacerbated by the government's failure to release grants. As a result, officials faced mounting pressure to boost internal revenue generation. To address the situation, HDMC Commissioner Ishwar Ullagaddi implemented several initiatives to streamline the tax collection process. These measures included introducing an online payment system, sparing taxpayers from having to visit payment counters during adverse weather conditions or endure long queues. Additionally, staff members were equipped with Point of Sale (PoS) machines, enabling doorstep collection of tax payments. A 5 per cent concession was initially offered to taxpayers making payments in April, which was subsequently extended to the end of May and later to the end of August. This initiative significantly increased revenue for the HDMC. Deputy Commissioner (Revenue) Vishwanath PB said that the highest collection occurred in August, amounting to Rs 550.3 million. May saw Rs 90.2 million collected, followed by Rs 80.7 million in June, Rs 100.9 million in July, and Rs 50.9 million in August. However, collections dropped in September and October, amounting to Rs 40.6 and Rs 50.6 million, respectively.

Next Story
Infrastructure Urban

Firstsource to Acquire UK-Based Pastdue Credit Solutions

Firstsource Solutions, a global provider of domain-led Business Process Services and part of the RP-Sanjiv Goenka Group, has announced the signing of an agreement to acquire Pastdue Credit Solutions, a leading UK-based debt collection agency. The acquisition is subject to approval by the UK’s Financial Conduct Authority (FCA).Pastdue Credit Solutions serves a wide range of clients across the UK, including banks, utility providers, telecom companies, and government bodies. The deal enhances Firstsource’s capabilities in first- and third-party collections, particularly within the utilities, ..

Next Story
Infrastructure Urban

NIIT MTS Named in Training Industry’s 2025 Top 20 for AI Tools

NIIT Learning Systems, a global leader in managed learning services, has been named among the 2025 Top 20 Companies by Training Industry, Inc. in two categories: AI Content Creation & Authoring Tools and AI Coaching & Learner Support Tools. This is NIIT MTS’s debut on the prestigious list, which recognises innovation and leadership in AI-driven corporate learning solutions.This year, Training Industry introduced these categories to spotlight the growing impact of artificial intelligence in learning and development (L&D). The recognition is based on criteria such as solution scope..

Next Story
Infrastructure Urban

Mahindra and Sumitomo Sign Pact with Osaka to Boost Japanese Investment

Mahindra Industrial Park Chennai (MIPCL), the developer and operator of Origins by Mahindra, and its strategic partner Sumitomo Corporation have signed a strategic cooperation agreement with the Osaka Prefecture and the Osaka Industrial Development Bureau. The collaboration aims to support Japanese companies—particularly those based in Osaka—in expanding their footprint in India.This tripartite agreement reinforces Mahindra’s commitment to attracting global investments into India’s manufacturing sector and further positions Tamil Nadu as a preferred destination for Japanese industry. S..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?