Tag: Property tax in Chhatrapati Sambhajinagar

IndustryLatest Stories

Sambhajinagar Extends Property Tax Amnesty to October End

CHHATRAPATI SAMBHAJINAGAR: The Chhatrapati Sambhajinagar Municipal Corporation (CSMC) has extended its property tax amnesty scheme until the end of October. Now, property owners can benefit from a 50% discount on penalty charges. Municipal Commissioner G. Shreekanth stated, “The initial response to the amnesty was tremendous, with many property owners settling their dues. This initiative significantly boosted revenue for the civic body. Given the demand to continue, we have decided to extend the scheme to the end of October.” The scheme, originally launched from July 15 to August 31 with a 95% penalty waiver, was first extended to September 17 with…

Latest StoriesRegulatory

CSMC Recovers ₹82 Crore in Property Tax via Amnesty Scheme

CHHATRAPATI SAMBHAJINAGAR: The Chhatrapati Sambhajinagar Municipal Corporation (CSMC) has prolonged its amnesty scheme until the end of August. Originally set to end on August 15, the scheme successfully helped recover ₹82.6 crore in property taxes from defaulters. The “Freedom from Penalty” amnesty scheme offers property owners a significant 95% discount on late payment charges for a one-time settlement of their dues. Initially applicable only to residential properties, the program has since expanded to include commercial and industrial properties. “From July 15 to August 15, 37,259 property owners took advantage of this scheme. We encourage remaining defaulters to follow suit and…

IndustryLatest Stories

CSMC Expects Revenue Boost from Property Amnesty in Chhatrapati Sambhajinagar

CHHATRAPATI SAMBHAJINAGAR: The Chhatrapati Sambhajinagar Municipal Corporation (CSMC) anticipates a significant revenue increase this financial year due to the expansion of its property tax amnesty scheme. Initially limited to residential properties, the scheme has now been extended to include commercial and industrial properties as well. Under the updated scheme, named Freedom from Penalty, residential property owners can benefit from a 95% discount on late fees if they settle their dues in full by August 15. Those making payments between August 16 and September 15 will be eligible for a 75% discount. The Municipal Commissioner, G Shreekanth, implemented this scheme using…