Tag: Property tax in Thane

Latest StoriesRegulatory

Thane Offers 90% Penalty Relief for Property Tax Defaulters

THANE: The Thane Municipal Corporation (TMC) has launched a new scheme granting a 90% penalty relief for property tax defaulters to help settle outstanding tax amounts. According to Thane mayor Sharmila Pimplolkar, the decision followed consultations with Deputy Chief Minister Eknath Shinde and Municipal Commissioner Saurabh Rao, aimed at reducing the financial burden on defaulters. “Under this initiative, residential property owners who clear their pending taxes will only need to pay 10% of the penalty, while the remaining 90% will be waived,” an official stated. Currently, TMC faces Rs 308 crore in tax arrears, with Rs 191 crore expected from…

Latest StoriesRegulatory

Thane Civic Body Collects ₹556 Cr Tax, Targets Defaulters

THANE: The Thane civic body in Maharashtra has collected ₹556.19 crore in property tax for the fiscal year 2025-26, falling short of its ₹841 crore target by over ₹200 crore, as reported on Friday. Municipal Commissioner Saurabh Rao has issued orders for strict measures against defaulters due to this shortfall. According to an official statement, the highest property tax collection came from the Majiwada-Manpada ward at ₹175.01 crore, followed by Vartak Nagar with ₹88.77 crore and Naupada-Kopri with ₹74.12 crore. After a review meeting earlier this week, the commissioner has instructed officials to cut water supply to defaulters in residential…