Rebate nears end, Rs5.38 cr property tax collected so far : The Tribune India

Join Whatsapp Channel

Rebate nears end, Rs5.38 cr property tax collected so far



Tribune News Service

Amritsar, September 23

While the last date (September 30) to avail a 10 per cent rebate in property tax is just seven days away, the Municipal Corporation (MC) has collected only 5.38 crore during the ongoing fiscal till date. Even after several efforts by the MC, residents aren’t coming forward to pay the dues and on Wednesday, only Rs18 lakh was collected till the evening.

The MC is offering the 10 per cent rebate to those who pay the tax for the current financial year before September 30. For the tax payers’ convenience, the civic body has been accepting tax payments at all zonal offices and the main office.

There are around 1.5 lakh taxable properties in the city, but only one lakh property owners file tax return. Officials of the MC said despite exemption from penalty and interest, residents do not avail the benefit of the offer due to financial crisis induced by Covid-19. The officials said residents who had failed to deposit their property tax could get 10 per cent rebate only till September 30. After the end of the offer, they will have to pay both penalty and interest.

Pardeep Rajput, nodal officer of property tax, said: “The 10 per cent rebate offer is for the benefit of residents, so they must take avail themselves of the scheme and pay tax by September 30.”

Mayor Karamjit Singh Rintu has also urged residents to deposit pending tax by September 30.


1 lakh property tax payers

  • There are around 1.5 lakh taxable properties in the city, but only one lakh property owners file tax return. Officials of the MC said despite exemption from penalty and interest, residents do not avail the benefit of the offer due to financial crisis induced by Covid-19
  • Officials of the Municipal Corporation said residents who had failed to deposit their property tax would get the 10 per cent rebate only till September 30. After the end of the offer, they will have to pay both penalty and interest

Top News

Lok Sabha election 2024: Voting under way in 88 constituencies; Rahul Gandhi, Hema Malini in fray

Lok Sabha election 2024: Over 60 per cent polling recorded till 5 pm in 88 constituencies across 13 states Lok Sabha election 2024: Over 60 per cent polling recorded till 5 pm in 88 constituencies across 13 states

Voters in some villages of Uttar Pradesh's Mathura, Rajastha...

Supreme Court to deliver verdict on PILs seeking 100 per cent cross-verification of EVM votes with VVPAT today

Supreme Court dismisses PILs seeking 100% cross-verification of EVM votes with VVPAT slips

Bench however, issues certain directions to Election Commiss...

Will stop functioning in India if made to break encryption of messages: WhatsApp to Delhi High Court

Will stop functioning in India if made to break encryption of messages: WhatsApp to Delhi High Court

Facebook and Whatsapp have recently challenged the new rules...

Indian-origin student arrested in US for joining in anti-Israel protests

Indian-origin student arrested in US for joining in anti-Israel protests

Achinthya Sivalingan, born in Coimbatore and raised in Colum...


Cities

View All