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Property tax collection doubled in financial year 2022-23 in Chennai

Dated on: Monday 27th March 2023

The Greater Chennai Corporation has more than doubled its tax collection from 778 crore in fiscal year 2021-22 to 1,408.9 crore this fiscal year. With a week until the fiscal year ends, the civic body has set a target of Rs. 1,500 crore. The civic authority collected 928 crore in 2019-20, however due to Covid-19, it only collected 471.6 crore in 2020-21. Residents who have not paid their taxes have been advised by the corporation to do so promptly.

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