Tag: Property tax

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Nagpur to Auction 149 Properties for Unpaid Taxes

NAGPUR: The Nagpur Municipal Corporation (NMC) is intensifying its efforts to recover long-overdue property taxes, targeting 149 properties for auction in an attempt to collect ₹3.29 crore. So far, it has successfully retrieved ₹95.3 crore through property tax warrants. Currently, property tax arrears in Nagpur have exceeded ₹938.7 crore. A recent report highlighted that 261 prime properties are in default, each owing more than ₹25 lakh, collectively amounting to ₹442.34 crore in arrears. As of September 2025, the property tax and assessment department has issued 10,042 warrants under Taxation Rule 42, covering outstanding dues of ₹95.31 crore. Out of these,…

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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…

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Chennai collects ₹910 crore in property tax, eyes ₹1,100 crore goal

CHENNAI: During the first half of the 2025–26 financial year, the Greater Chennai Corporation collected ₹910 crore in property tax, aiming for a target of ₹1,100 crore from April to September. Civic officials announced plans to ramp up collection efforts to meet the financial goal. To enhance compliance, the Corporation is providing various online and offline payment solutions, as well as sending reminders to defaulters. In past years, the civic body organized special camps specifically for property tax collection; however, this year saw no such events, as more taxpayers opted for online payments. Officials noted that digital reminders and simplified…

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Nashik Launches Tax Rebate Scheme for Property Defaulters

NASHIK: The Nashik Municipal Corporation (NMC) has announced an amnesty scheme for property tax defaulters, starting Monday, September 1. This initiative aims to recover a substantial part of the total outstanding property tax, which is estimated to be Rs784 crore, including Rs327 crore in penalties accumulated over the years. The scheme offers a significant waiver on penalties for those who clear their dues. Defaulters who pay off all outstanding property tax between September 1 and October 31 will receive a 95% waiver on the penalties. For payments made in November, the penalty waiver will be reduced to 85%. The NMC…

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Panvel Extends Property Tax Penalty Exemption Dates for Brackets

NAVI MUMBAI: The Panvel City Municipal Corporation (PCMC) has announced an extension of the deadline for property tax fine exemptions under the 90% amnesty scheme to September 15. The 90% rebate, which started on July 18, previously ended on August 15. As a result, the 75% rebate period has been updated to run from September 16 to September 30. Currently, property tax dues exceed 47% of the budgeted amount for 2025-26. The civic body is also offering a basic 5% tax discount for those who settle their 2025-26 taxes by August 31, with additional discounts of 2% for digital payments…

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Nashik Civic Body Gathers 41% of Property Tax in Four Months

NASHIK: The Nashik Municipal Corporation (NMC) has achieved significant progress in its property tax collection for the fiscal year, gathering Rs 111 crore from April to July. This amount accounts for 41% of the target of Rs 275 crore set for the 2025-26 financial year. An NMC representative noted that the positive outcomes are attributed to a new rebate plan. This initiative features discounts ranging from 3% to 8% intended to encourage prompt payment. An 8% rebate was available for those who paid their entire annual property tax in April and May, while the percentage decreased to 6% for payments…

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Ludhiana Extends Property Tax Settlement Deadline to Aug 15

LUDHIANA: The local bodies department has extended the deadline for its one-time property tax settlement scheme to August 15, providing a chance for defaulters who missed the original deadline of July 31. This extension follows an increase in last-minute payments made at civic body suvidha centres throughout Ludhiana. Launched on May 15, the scheme allows property owners with arrears dating back to 2013-14 to clear their dues without incurring interest or penalties. Initially, the response was sluggish, but it gained traction in July. To date, the department has collected ₹15 crore under this scheme, contributing to a total property tax…

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30,000 Properties Missing from Nagpur Civic Database, Not Taxed

NAGPUR: A recent land use verification exercise by the Nagpur Municipal Corporation’s (NMC) Development Plan (DP) unit has uncovered 30,000 previously unrecorded structures within city limits. This finding raises significant concerns regarding tax evasion and the reliability of civic data. The DP unit identified these structures while assessing existing land usage as part of its urban planning responsibilities. In response, the NMC’s property tax department has begun a thorough cross-verification of the information. Officials intend to overlay the new discoveries onto the corporation’s existing GIS (Geographical Information System) property database to pinpoint properties that are not currently subject to tax.…

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Protests Erupt Over Property Tax Notices in Ghaziabad

GHAZIABAD: On Friday, councillors of the Ghaziabad Municipal Corporation (GMC) organized a sit-in protest at the head office in Navyug Market due to increased property tax notices sent to residents, despite the board’s decision to repeal the proposal. The revised property tax rate took effect on April 1. GMC officials stated that the notice issuance is “system-generated.” They assured that any payments made concerning the increased tax would be adjusted to reflect the previous tax slabs. However, this explanation did not satisfy the protesters. Councillor Manoj Goyal remarked, “The GMC board’s meeting on June 30 unanimously decided to revert to…