<p>Addressing a press meet on Friday, Mayor Shanker Bhat said the revised scheme was approved by the government on January 29, 2009. <br /><br />According to the revised SAS, the tax has been fixed at 0.5 per cent for residential structure, 1.5 per cent for commercial and 1.0 per cent for non-residential commercial structures, 0.1 per cent for 1,000 square metre non-agricultural vacant land, 0.025 per cent for more than 1,000 square metre upto 4,000 square metre land and 0.01 per cent for more than 4,000 metre non agriculture vacant land. <br /><br />He said: “The property tax structure has come in for a change in Mangalore after a gap few years. Though the new Self-Assessment Scheme (SAS) of property tax based on capital value came into effect on April 1, 2008, replacing the old system of annual rental value (ARV), there was lot of confusion, protest against it. However, this revised SAS is final.” He appealed the citizens of MCC to pay the SAS property tax and help in the development of the City. <br /><br />Those who have paid more taxes which was fixed during the reign of Administrator, will be adjusted while paying the SAS now. <br /><br />The Mayor said that SAS can be paid in the 46 branches of 16 various banks in 53 revenue wards of the City Corporation limits. Personnel have been deployed in 15 ward offices, 2 sub offices and MCC to distribute the challan, handbook, details and prospectus on SAS and accept the applications. Assistants have been deployed to fill the SAS booklets. Measures have been taken to print the booklets on revised SAS. <br /><br />Tax<br /><br />MCC Commissioner Dr K N Vijayaprakash said that in 2008-09, the target was to collect Rs 18.53 crore tax. In the revised SAS system, MCC is expecting to collect a sum of Rs 26.42 crore. <br /><br />There are 34,000 unidentified properties in MCC limits. Of which, a sum of Rs 7.89 crore will be collected this year. The survey of one ward on the property is still pending. The MCC limits has 1.84 lakh properties. Of which, 1.41 are residential property and 42,000 are commercial property. Citizens of MCC have to pay SAS from April 1, 2008, he added. <br /><br />Dr Vijayaprakash said “in 2007-08, under annual rental value (ARV), a sum of 15.92 crore has to be collected. However, Rs 10.27 crore was collected. Rs 5.65 crore was pending. In 2008-09, under ARV, the opening balance was Rs 565 lakh.<br /><br />However, only Rs 310 lakh was collected. In 2008-09, under SAS, the target was to collect Rs 14.87 crore. However, only 604 lakh was collected. Deputy Mayor Rajani Dugganna was present.</p>
<p>Addressing a press meet on Friday, Mayor Shanker Bhat said the revised scheme was approved by the government on January 29, 2009. <br /><br />According to the revised SAS, the tax has been fixed at 0.5 per cent for residential structure, 1.5 per cent for commercial and 1.0 per cent for non-residential commercial structures, 0.1 per cent for 1,000 square metre non-agricultural vacant land, 0.025 per cent for more than 1,000 square metre upto 4,000 square metre land and 0.01 per cent for more than 4,000 metre non agriculture vacant land. <br /><br />He said: “The property tax structure has come in for a change in Mangalore after a gap few years. Though the new Self-Assessment Scheme (SAS) of property tax based on capital value came into effect on April 1, 2008, replacing the old system of annual rental value (ARV), there was lot of confusion, protest against it. However, this revised SAS is final.” He appealed the citizens of MCC to pay the SAS property tax and help in the development of the City. <br /><br />Those who have paid more taxes which was fixed during the reign of Administrator, will be adjusted while paying the SAS now. <br /><br />The Mayor said that SAS can be paid in the 46 branches of 16 various banks in 53 revenue wards of the City Corporation limits. Personnel have been deployed in 15 ward offices, 2 sub offices and MCC to distribute the challan, handbook, details and prospectus on SAS and accept the applications. Assistants have been deployed to fill the SAS booklets. Measures have been taken to print the booklets on revised SAS. <br /><br />Tax<br /><br />MCC Commissioner Dr K N Vijayaprakash said that in 2008-09, the target was to collect Rs 18.53 crore tax. In the revised SAS system, MCC is expecting to collect a sum of Rs 26.42 crore. <br /><br />There are 34,000 unidentified properties in MCC limits. Of which, a sum of Rs 7.89 crore will be collected this year. The survey of one ward on the property is still pending. The MCC limits has 1.84 lakh properties. Of which, 1.41 are residential property and 42,000 are commercial property. Citizens of MCC have to pay SAS from April 1, 2008, he added. <br /><br />Dr Vijayaprakash said “in 2007-08, under annual rental value (ARV), a sum of 15.92 crore has to be collected. However, Rs 10.27 crore was collected. Rs 5.65 crore was pending. In 2008-09, under ARV, the opening balance was Rs 565 lakh.<br /><br />However, only Rs 310 lakh was collected. In 2008-09, under SAS, the target was to collect Rs 14.87 crore. However, only 604 lakh was collected. Deputy Mayor Rajani Dugganna was present.</p>
