Tag: Property tax rebate in Nashik

Latest StoriesRegulatory

Nashik Collects ₹76 Crore in Property Tax for April 2026

NASHIK: The Nashik Municipal Corporation (NMC) has successfully increased its property tax collection, raking in Rs76.19 crore in April—a 61.71% rise compared to Rs49.99 crore during the same month last year. This surge is attributed to the introduction of an 8% rebate for taxpayers who pay their annual dues in a single installment within the first month of the fiscal year. Civic officials reported, “In April, approximately 1.55 lakh property owners took advantage of this scheme, receiving total rebates of Rs4 crore. This positive response has bolstered our confidence in meeting this year’s property tax goals.” The NMC has set…

Latest StoriesResidential

Nashik Offers 8% Property Tax Rebate for April 2026 Payments

NASHIK: The Nashik Municipal Corporation (NMC) has introduced an 8% rebate for taxpayers who settle their annual property tax in one installment during April. This initiative aims to encourage prompt payments and enhance revenue collection. Civic officials noted that this incentive mirrors last year’s program, which offered rebates of 3%-8% in April and June. The earlier initiative helped the NMC garner over Rs 100 crore in property tax within the first three months of the 2025-26 fiscal year. Additionally, those who opt for online payment will receive a further 1% rebate, resulting in a total benefit of nearly 9% for…