representative image Nasik: The Nashik Municipal Corporation ,NMC) launched amnesty plan For property tax defaulter Under the scheme starting from October 1, defaulters can get up to 95% waiver of penalty if they clear all dues between October 1 and November 30.
For those who paid their dues in December, 85% penalty waiver While applicable, a discount of 75% is available on payments made in January.
NMC officials estimate total dues property tax Currently it stands at Rs 600 crore, which also includes fines of Rs 300 crore accumulated over the years.
The civic body levies a 2% monthly penalty on unpaid property taxes and recovers costs associated with notices and warrants issued to defaulters.
Officials said that this is the last chance for the defaulters to clear their dues. Failure to do so during the amnesty period will result in the property being confiscated.
The NMC had implemented a similar scheme in October-November 2021, but it had limited success, with only Rs 14.86 crore collected from 17,560 defaulters. During that period, defaulters got a total rebate of Rs 56.33 lakh in fine.
This time, the NMC is expecting a better response, hoping that a substantial reduction in penalties will encourage defaulters to clear their dues. The civic body has set a property tax collection target of Rs 250 crore for the current financial year.
By the end of September, it had collected Rs 127 crore, slightly higher than the Rs 125 crore collected during the same period last year. NMC’s property tax records include a total of 5.75 lakh properties.
