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Urban local bodies collect Rs. 766-cr in demonetised notes

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Urban local bodies in Maharashtra have collected Rs. 766 crore in taxes and arrears from citizens in the demonetised denominations of Rs. 1,000 and Rs. 500.

The time period for accepting demonetised notes has been extended till November 24, an official release said.

After the Centre announced the decision to demonetise Rs. 1,000 and Rs. 500 denomination notes on November 8, the Maharashtra government allowed citizens to pay their dues like water bills, electricity bills, property tax and arrears in the scrapped currency.

Till November 16, among the civic bodies Mumbai has collected Rs. 191.41 crore, Pune – 101.77 crore Navi Mumbai – Rs. 29.72 crore Ulhasnagar – Rs. 101.77 crore, Pimpri-Chinchwad – Rs. 28.40 crore, Thane – Rs. 30.50 crore, it added.

While the directorate of municipal administration which covers all municipal councils has collected Rs. 130.64 crore, the statement said.

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