Monday, December 23, 2024
HomeNewsTop NewsAhmedabad civic body to give 10% rebate on advance property tax

Ahmedabad civic body to give 10% rebate on advance property tax

Bhatt said that the maximum rebate was 10% and the scheme was announced for the year 2019-20 as well and over 4 lakh had availed of it.

The Ahmedabad Municipal Corporation has decided to give 10% rebate to property owners who wish to pay advance property tax for the year 2020-21.

Standing committee chairman Amul Bhatt and mayor Bijal Patel said in a statement that the corporation has decided that property owners who have paid property taxes for the year 2019-20 and wish to pay advance taxes can do so between June 1 and June 30. And those paying taxes for the year 2020-21 will be eligible for the rebate.

Bhatt said that the maximum rebate was 10% and the scheme was announced for the year 2019-20 as well and over 4 lakh had availed of it. This year, the corporation expects a similar response, officials said.

A senior officer said that the rebate will benefit businesspersons in the city as they have to pay commercial property taxes which are on the higher side. He, however, also noted that business establishments have not been operating since March after the lockdown began. He said that with virtually no income, the corporation wanted money not only to run the anti Covid-19 operation but also to pay contractors who want to begin work again in the city.

RELATED ARTICLES

Most Popular

Hot News