Latest StoriesRegulatory

Navi Mumbai collects ₹650 crore in property tax; 62% paid online

Representative AI image NAVI MUMBAI: The Navi Mumbai Municipal Corporation (NMMC) has collected ₹650 crore in property taxes so far this financial year, with a marked increase in digital payments. The tax was paid by 182,894 out of 360,000 property owners, with 62% opting for digital methods, totaling ₹383 crore, while the remaining 38% paid ₹267 crore offline. NMMC facilitated payments via UPI, QR codes, debit/credit cards, net banking, NEFT/RTGS, and IMPS. In its effort to achieve a target of ₹1,000 crore by March 31, NMMC has issued notices and seized properties from several defaulters. While some taxpayers reported issues…

Latest StoriesRegulatory

Navi Mumbai Civic Body Gathers ₹650 Crore in Property Tax FY26

THANE: The Navi Mumbai Municipal Corporation (NMMC) has reported property tax collections of ₹650 crore so far in this financial year, with a notable increase in digital payments, officials announced on Wednesday. A total of 1,82,894 taxpayers have settled their property tax, with 62% (₹383 crore) paid through digital methods. The remaining 38% (₹267 crore) was paid offline, according to a statement from the civic authority. The release emphasized, “With the introduction of safe and transparent online payment options, more citizens are choosing to pay their taxes from home.” The NMMC has intensified measures against defaulters who have not cleared…

Latest StoriesRegulatory

Navi Mumbai collects ₹500 crore in property tax; aims for ₹1,000 crore

THANE: The Navi Mumbai Municipal Corporation (NMMC) announced on Tuesday that it has collected over Rs 500 crore in property tax within the first seven months of the financial year, from April to October. This revenue was sourced from 1.63 lakh property owners across eight divisions of the NMMC. Municipal Commissioner and Administrator Dr. Kailash Shinde attributed this achievement to a blend of citizen-centric initiatives and technological advancements. “The NMMC’s property tax department has accomplished an impressive milestone by gathering more than Rs 500 crore in tax from April to October in the financial year 2025-26. This increase in tax…