SMC year-on-year tax revenue up by Rs. 52 crore so far

Surat, DeshGujarat

Surat Municipal Corporation(SMC)’s anual tax revenue has been up by Rs. 52 crore compared to last year. SMC has earned Rs. 519 crore tax income this year even when fiscal year is yet to complete, compared to Rs. 467 crore tax income last year.The main income of SMC is through property tax. As the financial year is close to its ending, the SMC in aggressive move sealed 17 electric sub-stations of Torrent Power due to non-payment of tax. SMC also warn termination of water connection to collect pending tax in many cases. SMC also earns revenue through lifetime payment of vehicle tax through which it has earned 19 crore more this year compared to previous year. SMC has also earned Rs. 15 crore more revenue through Vyavsay Vera this year compared to previous year.

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