Tag: Property tax in Ranchi

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Ranchi Civic Body Achieves ₹108 Crore in Tax Collection

RANCHI: In a significant milestone, the Ranchi Municipal Corporation (RMC) has reported a collection of Rs 108 crore in taxes for the current financial year, with property tax generating Rs 100 crore, making it the largest source of revenue. Officials noted that this development marks a notable change, as property tax has not been the primary revenue source in earlier years. RMC’s Deputy Municipal Commissioner, Gautam Prasad Sahu, stated, “We have surpassed Rs 100 crore in property tax alone, while the total collection is around Rs 108 crore. We anticipate collecting over a crore on the final day.” Additional income…

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Ranchi Civic Body Names Govt Entities as Major Tax Defaulters

RANCHI: The Ranchi Municipal Corporation (RMC) has made public a list of the largest property tax defaulters, highlighting several key government entities with total dues reaching into thousands of crores. RMC officials reveal that government buildings within municipal boundaries owe upwards of Rs 60,000 crores, severely impacting the civic body’s revenue. Among the most significant defaulters is the Heavy Engineering Corporation (HEC), with outstanding dues of approximately Rs 40.72 crore. The South Eastern Railway’s Ranchi division owes Rs 2.38 crore, while the Hatia division has unpaid dues of Rs 1.77 crore. Additionally, the Sports Authority of Jharkhand in Morabadi has…

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Ranchi Civic Body Warns Defaulters: Pay Property Tax in 10 Days

RANCHI: On Friday, the Ranchi Municipal Corporation (RMC) published the list of the city’s top 500 property tax defaulters on its official website [www.ranchimunicipal.com]. The corporation has instructed all listed defaulters to settle their outstanding dues within 10 days of the notice being posted. Officials have warned that failure to make payments within the designated time frame will lead to strict legal action under Section 184 of the Jharkhand Municipal Act, 2011. This may include rigorous recovery measures to ensure compliance. The corporation clarified on Saturday that this notice acts as the final warning for chronic defaulters, who have repeatedly…

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Ranchi collects record ₹39 crore in property tax in Q1 FY26

RANCHI: The Ranchi Municipal Corporation (RMC) achieved a record property tax collection of Rs 39.33 crore in the first quarter (April to June) of the 2025-26 fiscal year, serving 81,320 taxpayers, according to official data. The surge in collections is attributed to several factors, including a tiered rebate scheme, increased digital engagement, extended door-to-door collection, and payment facilitation centers. Taxpayers could avail a 10% rebate on lump-sum payments until June 30, with previous slabs in April and May offering rebates of 3%, 5%, and 7%. Of the total, Rs 20.27 crore was gathered through door-to-door efforts involving over 53,500 taxpayers.…