LUDHIANA: The municipal corporation has urged residents to submit property tax for the current financial year (2024-25) by Dec 31 to avoid 10% penalty on pending tax. No penalty is imposed on payment of property tax for the current financial year by Dec 31 but a 10% penalty will be imposed on payment of tax after Dec 31.
Officials said that residents can avail a 10% rebate on payment of property tax for the current financial year by Sep 30. No penalty will be imposed on tax paid from Oct 1 to Dec 31, while the department will impose a 10% penalty on tax paid from Jan 1 to March 31.
If residents fail to pay tax for the current financial year by March 31, penalty will be increased to 20% and 18% annual interest will be imposed.
Suvidha Kendras open on weekend
MC commissioner Aaditya Dachalwal said that apart from regular working days, the civic body has decided to keep zonal suvidha kendras open on Saturday (Dec 28) and Sunday (Dec 29) too.
The decision was taken to facilitate residents in submitting tax by Dec 31. Dachalwal urged residents to submit their pending tax on time to avoid penalties. He said that the amount collected is used to provide basic amenities to residents and to undertake development works in the city.
