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Chennai Corporation Achieves Record Tax Collection of Rs 1,436 Crore in FY 2026To 27

Oct 02 2026

Chennai Corporation Achieves Record Tax Collection of Rs 1,436 Crore in FY 2026To 27

Chennai has recorded its highest-ever tax revenue collection in the first six months of a financial year, generating Rs 1,436.75 crore through property tax and professional tax during the first half of FY 2026–27. The total revenue includes Rs 1,124.69 crore from property tax and Rs 312.06 crore from professional tax. Compared to the corresponding period of FY 2025–26, property tax collection increased by 12.95%, while professional tax revenue grew by 6.89%. The property tax collection came close to the first-half target of Rs 1,200 crore, achieving approximately 93.7% of the target. Around 9.20 lakh property tax assessees and 45,000 professional tax assessees have paid their taxes in full during this period. On September 30, the final day for paying the first-half property tax without penalty, the city collected Rs 50.26 crore in property tax and Rs 45.94 crore in professional tax, taking the day's total collection to Rs 96.20 crore. The increase in tax revenue has been attributed to regular monitoring, periodic reviews, micro-level collection planning and an intensive tax collection drive conducted in July. During the same period in FY 2025–26, the total tax collection stood at Rs 1,283 crore, comprising Rs 992 crore in property tax and Rs 291 crore in professional tax. The latest figures indicate an increase of Rs 153.75 crore in overall revenue. The city has approximately 4.15 lakh registered property taxpayers and more than 1.2 lakh professional taxpayers. The increased revenue collection is expected to support civic administration, infrastructure maintenance and the delivery of essential public services.

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