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NMC waives property tax for freedom fighters and their widows

The Nashik Municipal Corporation (NMC) has waived the property tax of freedom fighters and their widows with effect from April 1.

The Nashik Municipal Corporation (NMC) has waived the property tax of freedom fighters and their widows with effect from April 1.

The civic administration has issued a circular in this regard, allowing exemption in property tax from the current financial year.

The general body of the NMC had already given its approval for the proposal to waive property tax of the freedom fighters and their widows around one-and-a-half years ago.

The standing committee of the NMC had also given its approval to the proposal. However, the implementation was delayed due to the outbreak of Covid-19 pandemic last year in March.

Meanwhile, the civic administration has collected property tax amounting to Rs 11 crore since April 1 this year. As part of increasing its revenue the civic body introduced 5% rebate to those paying their property tax for the financial year 2021-22 in one go.

As per the scheme, the taxpayers who pay complete annual property tax by May 31 will get 5% rebate in property tax. The rebate will be three per cent if paid by June 30 and two per cent if paid by July 31.

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