Tag: Property tax in Ahmedabad

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Ahmedabad collects ₹24 crore from property tax rebate scheme

AHMEDABAD: A property tax rebate scheme initiated by the Ahmedabad Municipal Corporation (AMC) from January 1 to March 31 has garnered a positive response. Within the first week, 24,887 taxpayers have paid property taxes totaling over Rs 24 crore. Collections have been significant across all seven zones. This initiative offers a 100% interest waiver for both residential and commercial properties under the previous tax formula from January to March. For residential properties using the new tax formula, interest waivers are set at 85% in January, 80% in February, and 75% in March, reducing by 5% each month to encourage early…

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Tax Scam Affects 1,000 Residents in Ahmedabad

AHMEDABAD: Picture waking up to a hefty property tax bill from the civic body, demanding payment for something you believed was settled long ago. This is the alarming reality for numerous residents in Ahmedabad, entangled in a “property tax scam.” This scam, affecting all city zones but particularly impacting the West Zone, has left over 1,000 property owners—who had settled their dues—receiving alarming bills from the Ahmedabad Municipal Corporation (AMC), some amounting to lakhs of rupees. This issue has been concealed for nearly five years. A senior AMC official suspects a group of touts or agents, who assisted citizens in…