Latur's Tax Crackdown: Civic Moves Against Evaders

The Latur Municipal Corporation has sealed several shops and offices over unpaid property taxes as part of a tax recovery initiative. This campaign has led to 30,000 property owners settling dues amounting to Rs 40 crore, with a 2% monthly penalty imposed on defaulters.

The Latur Municipal Corporation has intensified its efforts to reclaim unpaid property taxes by sealing six shops and an office. This measure represents a crucial step in their tax recovery campaign, highlighting the importance of property tax as a vital revenue source for the civic body.

Officials have noted a significant increase in compliance, with approximately 30,000 property owners stepping up to pay a total of Rs 40 crore in taxes. This proactive campaign is aimed at encouraging timely payments and deterring future defaulters.

In a bid to further incentivize timely tax payments, the LMC has implemented a 2% monthly penalty on defaulters. This move is seen as a strict measure to ensure the financial health and sustainability of the city's civic operations.

(With inputs from agencies.)