TMC nets ₹ 435 crore under scheme for property tax

THANE: The Thane Municipal Corporation (TMC) on Thursday said its amnesty scheme for property tax defaulters has evinced good response and fetched Rs 434.86 crore so far.

Under the scheme, penalty on pending property tax dues has been waived. The scheme is in force till Januar y 31. A TMC release said attachment process against defaulters of 2,736 properties has been initiated. -