Receive News Updates by E-Mail
Connect with us

Regulations

NMC collects Rs 23 crore under amnesty scheme

News Editor

Published

on

Nashik

NMC waived penalty amounting to Rs 5.87 crore to defaulters for paying their dues.

Nashik Municipal Corporation (NMC) has collected Rs 23 crore from property tax defaulters through amnesty scheme that was implemented between December 15 and Feb 10.

As per the scheme, the defaulters who pay their dues in one time were to be given a waiver in penalty, warrant and notice fees.

NMC waived penalty amounting to Rs 5.87 crore to defaulters for paying their dues.

“We had planned collecting Rs 50 crore revenue through amnesty scheme, but we could collect only Rs 23 revenue from tax defaulters under the scheme. We waived tax penalty to the defaulters who paid all their tax dues,” said NMC officials.

This was for the second time the amnesty scheme had been introduced between December February months.

In September last year, NMC had introduced amnesty scheme for tax defaulters. Penalty on property tax dues of defaulters, who cleared their tax dues, were waived under the scheme. NMC had collected property tax dues amounting to Rs 30 crore through amnesty scheme in just one month.

Source: TNN

(Note: The story has been published without modifications to the text. Only the headline and intro have been changed.)

ALSO READ: DMC extends 20% rebate on property tax payment till Feb 25

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Trending

© 2020 RealtyNXT | All Rights Reserved.