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HomeNewsTop NewsAhmedabad civic body extends property tax rebate till July 30

Ahmedabad civic body extends property tax rebate till July 30

Property tax collected between April 1 and July 15 this year has registered an increase of 50% as compared to the same period in 2020, said officials.

 Ahmedabad Municipal Corporation to extend its 10% rebate scheme for advance tax payment up to July 30 due to increase of Rs 153.68 crore in property tax collection.

Property tax collected between April 1 and July 15 this year has registered an increase of 50% as compared to the same period in 2020, said officials. “The response from citizens was very encouraging so the civic body has decided to extend the scheme. The AMC had announced the 10% rebate scheme for advance property tax payment in June. Then, on June 25, it pushed back the deadline to July 15. Now, it was extended it to July 30,” said officials, adding: “In 2020, the advance rebate scheme was extended till August-end.”

The officials said that AMC has seen 70% rise in collection from the eastern parts of the city. Viratnagar, Nikol, Gomtipur, Odhav, Vastral, and Amraiwadi registered the highest increase of 90%. “This was probably because Odhav, Vastral, and Gomtipur are industrial areas. With industries getting back to normal, property owners are taking benefit of advance tax payments,” said officials.

AMC saw only 50% hike in collection from the central zone as well as western parts of the city. The increase was noticed in advance tax payment on commercial properties more than residential ones. Civic officials said, “The tax on residential property is a smaller amount. Hence, a significant increase was not registered.”

Further, officials said that the increase in vehicle tax was also an indication that more vehicles had been sold this year as compared to last year. As against a collection of Rs 7.32 crore in 2020 between April 1 and July 15, the collection this year was Rs 28.69 crore — an increase of 292% or Rs 21.37 crore.

The overall tax collection of AMC which included property tax, vehicle tax and professional tax, was Rs 347.93 in 2020 during the same period which increased by 54% and was Rs 536.45 this year.

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