The tax exemption policy introduced by the corporation with the objective of providing relief to the industry and business sector which is suffering from the negative impact of corona virus infection has had a positive effect on revenue collection.
The corporation has collected Rs. 353.33 million in the first seven months of the current fiscal year. This is 38.26 percent more than the corresponding period of the previous fiscal year. In the first seven months of last fiscal year, the corporation had collected revenue of Rs. 255.58 million.
According to Nischal Raj Panday, Chief Administrative Officer of Birgunj Metropolitan City, the Ninth Municipal Council has decided to give property tax exemption to the organizations involved in industry, trade, hospital and social work.
It is said that the attractive scheme of giving five percent exemption to the city dwellers who have been facing various obstacles due to corona infection by paying property tax and business tax by mid-April has had a positive impact on the tax collection of the metropolis.
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