Chandigarh civic body eyes industrial phases to augment its property tax earnings
After commercial and residential properties, now the tax branch of the municipal corporation (MC), Chandigarh has turned its attention towards major industrial properties to augment its earning from property taxes. According to the civic body authority, it has issued nearly 750 tax recovery notices in the industrial area in last one week, 100 more notices will be sent in the coming couple of days. MC's estimation is that there are around 2,100 industrial units in both phases of Chandigarh's industrial areas. The money raised through property taxes, from all kinds of properties, has turned out to be a major source of income for the MC.
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