Over ₹303 Crore in Unpaid Property Taxes: Big Defaulters Hurt NMC
NAGPUR: The ongoing financial challenges faced by the Nagpur Municipal Corporation (NMC) result less from inadequate revenue sources and more from its inability to address major tax defaulters. According to data from the property tax department, 474 commercial property owners in the city owe over Rs 5 lakh each, resulting in an alarming total outstanding amount of Rs 303 crore. This unpaid debt consists of Rs 137 crore in arrears, Rs 151 crore in penalties, and Rs 14.90 crore in current demands. These amounts suggest prolonged non-payment and ineffective enforcement measures. Despite ongoing claims regarding recovery initiatives, these high-value defaulters…