In a positive spin-off of the Centre’s demonetisation move, local bodies in Tamil Nadu are witnessing a sharp rise in property tax collections, with the authorities allowing payments with scrapped Rs 500 and Rs 1,000 notes. The Tiruchirappalli and Madurai corporations which usually collect a net average collection of Rs 40 lakhs and Rs 70 lakhs per day respectively have clocked more than Rs 2 crore receipts in the last two days, officials said.

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