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

IEEMA Targets over 2X Growth in Electronics Exports within 5 Years

The electrical and electronics manufacturing sector in India aims to more than double its exports to $25 billion over the next five years. Currently, the industry exports goods worth approximately $12 billion. The Indian Electrical & Electronics Manufacturers' Association (IEEMA) is focused on expanding market access globally and positioning India as a key hub for electrical and electronics manufacturing. At Elecrama 2025 in Greater Noida, industry representatives emphasized the growing global interest in India as a reliable energy solutions provider, driven by shifts in the international su..

Next Story
Infrastructure Urban

Kerala Secures Rs 1.53 Tn Investment Proposals at Investors' Summit

Kerala secured investment proposals worth Rs 1.53 trillion from 374 companies during the two-day Invest Kerala Global Summit 2025 (IKGS). The largest commitment, amounting to Rs 300 billion, came from the Adani Group. The summit, held on February 21-22, attracted significant interest from the information technology sector, with 24 companies planning expansions through an additional investment of nearly Rs 85 billion, creating around 60,000 new jobs. A total of 66 companies submitted expressions of interest (EoIs) for investments exceeding Rs 5 billion. The summit strengthened investor confid..

Next Story
Building Material

Artson Group, Malabar Cements Team Up for Boat Manufacturing in Kerala

Artson Group, a subsidiary of the Tata Group, has partnered with Malabar Cements, a public sector undertaking, to establish a boat manufacturing unit in Kochi. A Memorandum of Understanding (MoU) was signed during the Invest Kerala Global Summit, which concluded on Saturday, for the development of this Rs 3 billion project. The initiative aims to boost industrial growth in Kochi, with the Tata Group subsidiary expressing its commitment to investing in the region. Under the agreement, a boat manufacturing unit specializing in vessels under 100 tonnes will be developed on a seven-acre plot leas..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?