New rules would soon be framed for simplifying the process of payment of holding tax in urban areas in Bihar, Deputy Chief Minister S K Modi said .
“The system of tax collection by urban bodies are not perfect which leads to non-payment of holding tax.New rules are being charted out for simplification of the process to help raise the collection of holding tax in urban areas”, Modi told reporters.
He said even in Patna Urban Area not more than half of the people make payment of holding tax for the lack of better system and tax realisation capacity.
Though the Patna Municipal Corporation had the capacity to realise holding tax to the tune of Rs 100 crore every year, the collection of holding tax was Rs 17 crore and Rs 20 crore in 2008-09 and 2009-10, he said.
