The Nashik Municipal Corporation (NMC) has introduced 5% rebate for the property taxpayers if they pay their complete annual tax for the current financial year immediately.
Those, who pay property tax in the current financial year by May 31, will be given 5% rebate on their property tax. The tax rebates of 3% and 2% are will be given to those who pay their tax in June and July months, respectively.
Moreover, the NMC has also made property tax bills available online on its portal. The administration has appealed to the property taxpayers to get their bills online with the help of their property index numbers. NMC has already issued a public notice in this connection. The civic body is unable to distribute the tax bills physically due to the Covid outbreak.
Deputy municipal commissioner (tax) Pradeep Chaudhari said the revenue of the civic body through property tax has been badly hit due to the pandemic. “Like last year, the property tax collection is also likely to be affected due to the continuous rise in Covid cases in the city. Hence, we have introduced up to 5% rebate if taxpayers pay their complete property tax for the current financial year by May 31,” said Chaudhari.
The revenue of the NMC through property tax collection has declined by 20% to Rs 112 crore during the last financial year 2020-21 against Rs 140 crore during 2019-20.
NMC administration had also engaged the staff from the property tax department in various Covid related works like contact tracing, survey and other activities that have also affected the property tax collection.
