MCC launches drive to mop up revenue

Wednesday, 07 January 2015 04:54 administrator
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The Hindu       07.01.2015    

MCC launches drive to mop up revenue

It will crackdown on shops without valid trading licence

Mayor R. Lingappa and officials of the Mysore City Corporation verifying trade licences of retailers in Mysuru on Tuesday.— PHOTO: M.A. SRIRAM
Mayor R. Lingappa and officials of the Mysore City Corporation verifying trade licences of retailers in Mysuru on Tuesday.— PHOTO: M.A. SRIRAM

The Mysore City Corporation (MCC) has launched a drive to issue and renew trading licences of business establishments operating in the city.

It will also crackdown on those operating without a valid trading licence as part of its efforts to mop up revenue.

Mayor R. Lingappa launched the drive from Saraswathipuram and pointed out that of the 457 business establishments in his ward, only 65 had trade licences, while 75 had not renewed their licenses issued last year.

The remaining traders were operating without a valid license and causing loss to the MCC, he said.

He cautioned that establishments operating without a valid trade licence would be closed and a few shops operating without license were shut down to reinforce the MCC’s seriousness about the issue.

Mr. Lingappa said that as per the official estimate, there are nearly 21,800 business establishments in the city.

“But, I have sought for a fresh survey and expect the number to be between 35,000 and 40,000, he said. The Assistant Commissioners in the MCC’s nine revenue divisions have been directed to update the figures. The licence fee ranges from Rs. 500 to Rs. 10,000 per year.

The ongoing drive also aims to collect property tax from the public for the financial year 2014–15.

The property tax target for the current fiscal is Rs. 85 crore from the 1.76 lakh registered properties under the tax net. Besides, there are 19,750 revenue site properties which will yield additional revenue of Rs. 7 crore.

The Mayor was accompanied by senior officials of the MCC and the police.

The drive also aims to collect property tax from the public for the financial year 2014–15