Benefits of Tax & Revenue Management System
Benefits:
Increase in revenue
Software based system for House Tax, Property Tax, Local Body taxes which will run online
Instant processing of applications and tasks within municipal administration
Time Saving System
Easy to access System
Reduced workload
Large volumes of data can be stored
Maintenance of file is flexible
Records stored are updated now and then.
Reports can be generated in seconds
Accurate calculations
Less manpower
No chance of error
Easy to print tax bills
Easy to access tax bills report
Easy to access tax bill Head details
centralized database in place
Faster search and retrieval of Data
Workflow Management Systems
Reduce time and complexity
Record Centralization
Performance Analysis
Reduced or No paper work
Tax & Revenue Collection Management
Yearly collection progress / Target
Monthly collection progress / Target
Features of Tax & Revenue Management System
Multi-Tier Architecture.
Full Life-cycle support.
Role based user access and menu options.
Security enabled at program Level.
User-friendly interface with maximum uniformity throughout the application.
No installations required in client machines for using the
application and results in low configuration machine
compatibility.
Software should be web enable, shall work online and offline
Modules
Self Assessment Module: This module will take care of all the
entries for the tax, register property, generate taxation, create unique
identity
Bill printing: At the time of the bill,user will easily print the
bills using various options such as areawise, streetwise or locality
wise with just few press of keys.
Tax collection form: Here user will enter the amount of bills collected by the citizens for various taxes.
Tax calculation: Calculates tax based on several different parameters
Approval Module: Management approval process after self assessment from taxpayers
Objection and Hearing Module: Taxpayers objections are subject to
tax calculation and hearing is based on objection and decisions are
based on appeal from tax payers.
Penalty module: Calculates penalties based on different criteria
Defaulter Module: Create and maintains defaulter lists based on several different criteria and create summary report
Notifications and Alert module: Notify tax payers about their property registration, taxes, payments and other information
SMS and Email service integration: Sends out calculated tax to tax
payer/payers via email/SMS to registered mobile phone numbers and
emailed.
Master Data Module: In this module, office/administration users can set parameters for software
Online payment: This module will citizens to pay their taxes, dues online using their bank card/credit card.
Offline payment: Generation of Bank Deposit receipts and generating
receipt after bank payment receipt submitted to municipal corporation
Random checking and inspection: This shall provide random selection list of (2%) self assessed propesrties by the tax payers.
User Access Control & Security Management: It helps keeping
secure access to application. Role base security will be provided to
user. Client-server architecture will be followed.
Reporting module: this is an important and challening module of the
project. Software Application shall provide various type of reporting to
help ULB to get the details in a single click.The reports such as
total collection, dues list, penalties, notification, total collection
by area and so on.
