KVB to handle Amma canteen collections
Posted on: 14/Aug/2014 4:30:32 PM
The corporation on Wednesday signed a memorandum of understanding with Karur Vysya Bank to collect revenue from the 203 Amma canteens in the city daily.
It will deposit the cash on behalf of the civic body.
�We roped in a private bank to reduce the burden on corporation tax collectors and bring in proper accounting, �said a corporation official.
KVB managing director K Venkataraman said, �Some of the canteens have a current account with us. We provide a cash pick up service wherein the cash collected by the canteen staff is handed over to our collection agent who deposited it. �
The collection was earlier done by tax collectors of the revenue department who recently protested over being overworked.
