Many citizens also paid taxes for property, water, sewerage and vacant land for the next year too.

Demonetisation Vijayawada Municipal Corporation collects record Rs 14 crImage for representation
news Demonetisation Friday, November 25, 2016 - 08:48

After the demonetisation of high-value notes, the Vijayawada Municipal Corporation (VMC) has reportedly received Rs 14.86 crore in just 14 days, as people were allowed to pay off dues with old notes.

"We used the grace period given by the Central government to make the taxpayers fall in line. The decision to extend the period till November 14 has helped the civic body as well as the public. On November 11 alone, the civic body earned Rs 4.80 crore high tax collection since demonetisation," municipal commissioner G Veerapandian told The New Indian Express.

It was reported that the VMC usually receives Rs 3-4 crore as revenue in the form of various taxes during the closure of the financial year.

Many citizens also paid taxes for property, water, sewerage and vacant land for the next year too, TOI reported.

The TNIE report also quotes a survey conducted by the Union Ministry of Urban Development as stating that the Kakinada Municipal Corporation is the only civic body across the State that is in the top ten list, after it collected Rs 23.5 crore after demonetisation.

Meanwhile, the Centre on Thursday extended the deadline to pay public utility arrears to December 15.

 

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