Performance and scope of collecting municipal tax and other fees of DSCC

 

The collection of municipal tax and other fees by the Dhaka South City Corporation (DSCC) is a crucial aspect of the corporation’s operations. These revenues are used to fund essential services such as road maintenance, waste management, and public health initiatives. In this article, we will examine the performance and scope of the DSCC’s collection of municipal taxes and fees.

Performance:

The DSCC has made significant progress in recent years in terms of increasing its revenue collection from municipal taxes and fees. According to the corporation’s financial reports, the collection of these revenues has increased by an average of 10% per year over the past five years. This is a positive development, as it indicates that the DSCC is able to effectively collect the taxes and fees that it is owed.

However, there are still challenges that the DSCC faces in terms of revenue collection. One major issue is the high rate of tax evasion, as many residents and businesses in the city do not pay their taxes on time or in full. This is a problem that the DSCC is actively working to address through increased enforcement efforts and educational campaigns.

Scope:

The DSCC’s collection of municipal taxes and fees includes a wide range of revenue streams, including property taxes, trade licenses, and fines for various infractions. Some of the key taxes and fees that the DSCC collects include:

• Property Tax: This tax is based on the value of a property and is paid by the property owner. The DSCC uses the revenue from property taxes to fund various public services and infrastructure projects.

• Trade License: Businesses operating within the DSCC’s jurisdiction are required to obtain a trade license, which must be renewed annually. The revenue from trade licenses is used to fund the corporation’s regulatory and enforcement efforts.

• Fines: The DSCC also imposes fines for various infractions, such as littering and illegal parking. These fines are used to fund the corporation’s enforcement efforts and to promote compliance with local laws and regulations.

In conclusion, the collection of municipal taxes and fees by the DSCC is a crucial aspect of the corporation’s operations. While the DSCC has made progress in recent years in terms of increasing its revenue collection, there are still challenges that the corporation faces in terms of tax evasion. The DSCC’s collection of taxes and fees includes a wide range of revenue streams, including property taxes, trade licenses, and fines, which are used to fund essential services such as road maintenance, waste management, and public health initiatives around the city corporation area.