Rajkot civic body receives Rs 23 crore advance property tax payments after discount scheme, ET RealEstate

April 16, 2025
1 min read
Rajkot civic body receives Rs 23 crore advance property tax payments after discount scheme, ET RealEstate


<p>representative image</p>
representative image

RAJKOT: The Rajkot Municipal Corporation (RMC) received advance property tax payments of Rs 23 crore within five days of announcing its discount scheme for those who pay early.

According to RMC, it received advance property tax and water charges amounting to Rs 23.19 crore from 44,404 taxpayers. Of this, payment of Rs 19 crore was received online. RMC gave discounts totalling around Rs 2 crore to these taxpayers, according to the scheme.

RMC began collecting property tax on April 10 with its discount scheme. The civic body provides a 10% discount on property tax paid before May 31. This will continue in June with a 5% discount. There is a 5% additional discount if the property is owned by a woman and a 1% rebate for paying online. There is also a 1% rebate to those who paid their tax early for the last three years.

RMC, in the last financial year, collected Rs 412 crore in property tax from 4.18 lakh taxpayers.

  • Published On Apr 16, 2025 at 05:47 PM IST

Join the community of 2M+ industry professionals

Subscribe to our newsletter to get latest insights & analysis.

Download ETRealty App

  • Get Realtime updates
  • Save your favourite articles


Scan to download App
realty barcode



Source link

curationteam

Curation Team will curate content from different sources and present for you. We will not edit any content. Source link is provided for the source from where its received .

Leave a Reply

Your email address will not be published.

ED raids at multiple locations in Hyderabad in money laundering case, ET RealEstate
Previous Story

ED raids at multiple locations in Hyderabad in money laundering case, ET RealEstate

Sanjeev Jaiswal, CEO, MHADA, ET RealEstate
Next Story

Sanjeev Jaiswal, CEO, MHADA, ET RealEstate

Latest from Blog