Signs of recovery in Gurugram Property Tax Collections
Showing signs of recovery, the municipal corporation of Gurugram (MCG) has collected Rs 33.9 crore of property tax in July alone, which is 65% of the total property tax collected from April to July 25. Property owners, who have paid the tax of the assessment year by July 31 of that assessment yea
Published -
Aug 3, 2020 5:30 AM
Showing signs of recovery, the municipal corporation of Gurugram (MCG) has collected Rs 33.9 crore of property tax in July alone, which is 65% of the total property tax collected from April to July 25. Property owners, who have paid the tax of the assessment year by July 31 of that assessment year, will be given a 10% rebate. Besides, an additional 10% rebate will be provided to those property owners who have deposited their dues for the years 2017-18, 2018-19 and 2019-20 consecutively by July 31 of that year as a good tax payer reward for the year 2020-21. Owners paying property tax through the auto debit system will be given an additional 5% tax rebate. Officials said that 18% of interest will be levied annually on the tax defaulters for not paying their dues and their properties will be sealed and will be auctioned later. MCG collected Rs 18.23 crore in the first three months of the quarter from April to June. Meanwhile, the civic body has already started sealing properties of tax defaulters and over 30 such properties have already been sealed in July. During the lockdown, MCG collected only Rs 9.3 lakh as property tax in April, Rs 3.25 lakh in May and Rs 18.1 crore in June. The Haryana government had in May announced a one-time rebate of 25% to property owners who pay their dues for the years 2010-11 to 2016-17 by August 31.
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