Chennai Corporation Introduces QR Code for Quick Property Tax Payments
Greater Chennai Corporation enables QR code to fast-track property tax payments
The Times Of IndiaImage: The Times Of India
To streamline property tax payments amid election-related delays, the Greater Chennai Corporation has introduced QR code payments accessible via its website and social media. With a target of ₹900 crore for the year, officials have collected ₹511 crore so far, aiming to expedite remaining dues through this new system.
- 01Greater Chennai Corporation introduces QR code payments for property tax.
- 02Annual revenue target is ₹900 crore, with ₹511 crore collected so far.
- 03Physical collection will resume after election results.
- 04Taxpayers can receive a 5% incentive for early payments.
- 05The corporation has over 14 lakh property tax assessees.
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In response to delays in property tax collections due to election duties, the Greater Chennai Corporation (GCC) has implemented a QR code payment system to facilitate faster transactions. The QR code is accessible on GCC's official website and social media platforms. City revenue officer K Magesh noted that the corporation has set an annual revenue target of ₹900 crore and has so far collected ₹511 crore through online payments. Physical collection efforts will resume only after the election results are announced. GCC has more than 14 lakh property tax assessees and aims to collect the remaining dues of ₹400 crore efficiently using the QR code system. Last year, the corporation collected approximately ₹506 crore during the same period. Additionally, GCC has an overall annual tax demand of ₹1,800 crore and is working to recover dues of about ₹120 crore from long-term defaulters. The introduction of QR codes is expected to expedite collections, especially as taxpayers have previously benefited from a 5% incentive for early payments made before April 30.
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The introduction of QR code payments simplifies the process for property taxpayers, making it easier to meet their obligations and potentially increasing overall revenue for the Greater Chennai Corporation.
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