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Ahmedabad civic body to give rebate on property tax

The Ahmedabad Municipal Corporation, which has falling short of its property tax and professional tax targets, has decided to give a rebate in interest due to those who come forward to clear their dues. The AMC standing committee, acting on the proposal forwarded by standing committee member Bhav

BY Realty Plus
Published - Monday, 13 Jan, 2020
Ahmedabad civic body to give rebate on property tax
The Ahmedabad Municipal Corporation, which has falling short of its property tax and professional tax targets, has decided to give a rebate in interest due to those who come forward to clear their dues. The AMC standing committee, acting on the proposal forwarded by standing committee member Bhavna Nayak, decided to give a rebate in interest for those comin up to pay property tax arrears. For property tax defaulters, the AMC has decided to give a 50% rebate in the interest, while the interest for the tax defaulters in slums and chawls will be 100%. Standing committee chairman Amul Bhatt said the rebate scheme will be available only for one month beginning January 16. Bhatt said the city has to recover Rs 3,700 crore from tax defaulters. According to officials, the AMC’s collections improved by around 20.68% as compared to last year. It collected Rs 810.65 crore, or Rs 138.93 crore more than in 2018-19.

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