NOW, NMMC OFFERS ANOTHER MONTH TO PAY PROPERTY TAX

The deadline has once again been extended from February 15 to March 31

The Navi Mumbai Municipal Corporation (NMMC) has extended the Abhay Yojana for the second time. Now, citizens can avail a waive off in the penalty for delayed payment of property tax till March 31. Earlier, NMMC had extended the deadline from February 15 to March 1.

In December, the civic body had announced that Abhay Yojana for two months to get a rebate in the penalty for delayed payment of property tax had ended on February 15. The civic body collected Rs 97.88 crore as property tax during the scheme period and also waived off 52.30 crore penalty for delayed payments.

However, citizens requested additional time to pay the pending property tax.

Due to the COVID-19 pandemic, citizens faced multiple challenges and many of them lost their jobs. Keeping in mind all these issues, the civic body gave another extension.

Property tax is one of the main sources of revenue for the civic body. However, due to the outbreak of COVID-19 in March, 2020, the collection of property tax has been severely affected. During the budget 2020-21, the civic body had planned Rs 630 crore collection from property tax. However, so far, the civic body could only collect around Rs 400 crore.

“Due to the pandemic, the collection of property tax has been severely affected. Many residents are going through financial difficulties. The scheme will certainly bring some relief for them,” said a senior official from the Property Tax Department. He added that the scheme will also help the civic body to get revenue. “Citizens will get upto 75 per cent rebate in a penalty for delayed payment. Those who have not paid their property tax can make full payment with just 25 per cent penalty,” said the senior official. Meanwhile, NMMC Chief Abhijit Bangar appealed to the citizens to pay their property tax and help the civic body to continue its development work.