MCC registers record revenue collection in current fiscal year

The mysuru city corporation is inching closer to its revenue target of Rs 165 crore. The agency has managed to collect Rs 155 crore against its target for 2022-23, and with more than two months left before the end of the fiscal year, the civic agency is confident of collecting the reminder of the fund. On average, the mysuru city corporation's annual revenue from property tax has been around Rs 133 crore following the outbreak of Covid19 just ahead of the start of the 2020-21 fiscal year. However, with the Covid curve flattening in 2022, the mcc has been able to enforce rules stringently ensuring property owners pay their tax across its jurisdiction. There are 183 lakh registered properties that need to pay cess to the mcc, and sources attributed the record revenue collection in 2022-23 to efforts by mcc officials to initiate the tax collection process at the very start of the fiscal year, as well as efforts to fix targets for all revenue inspectors and take stringent action against defaulters. This year, the authorities have been very particular about collection of cess from commercial establishments, the owners of which had defaulted on property tax payment in the past few years. Commissioner Laxmikant Reddy said that he was optimistic about the