A large sum of property tax collected - Chandigarh

Settlers India A large sum of property tax collected - Chandigarh

A large sum of property tax collected - Chandigarh

3rd July 2021

When the three-month repayment period for the payment of property taxes for commercial and residential properties ended on Wednesday, the tax department of the Chandigarh Municipal Corporation received 36.06 crores in taxes.

Regarding residential properties, approximately 80,000 taxpayers paid property taxes to the municipality during the three-month repayment period from April to June. Since the municipality has set a target of 55 million rupees for the current fiscal year (2021-2022), it will now begin to issue notices to the remaining 40,000 or so taxpayers who did not show up within the three-month payback period Pay property taxes.

In addition, defaulters must pay a fine of 25% of their tax and interest of 12%, otherwise, severe measures will be taken. This may cause the sealing performance of commercial properties and the interruption of water supply to residential properties. "We received a lot of money. In addition to private property and government agencies, people who entered the tax field also paid taxes in a timely manner. 

The results are quite encouraging for us because more than half of the taxpayers pay taxes during the tax refund period. We will issue notices to taxpayers in arrears starting next week. If they continue to be reluctant, strict measures will be taken in accordance with the established norms,” said a senior MC official. 

Since last year the civic group authorities have received an order from the UT local agency department to exempt the 13 villages transferred to MC from property tax. In 2019, the government of Chandigarh will not send them notifications until new orders are placed. As a result, the authorities have lost approximately Rs 7.611 million in the current fiscal year. According to the authorities’ records, the loss from citizen groups is approximately Rs 11 lakh. Of the real estate taxpayers, about 85,000 are residential properties and the rest are commercial properties.

Login Or Register to Post Comments
Login Sign Up