Ludhiana Municipal Corporation Chief Urges Property Tax Payment by December 31 to Avoid Penalties

                
December 31, 2024, last day to pay property tax for the current financial year (2024-25) without any penalty, the Municipal Corporation (MC) has decided to keep its zonal suvidha 
kendras open on Saturday (December 28) and Sunday too.
MC Commissioner Aaditya Dachalwal has given these instructions to facilitate residents so that residents could deposit their dues on time.
It is pertinent here to tell that 10 per cent penalty would be imposed if property owners failed to submit property tax for the current financial year by December 31.
Civic body officials said residents could avail 10 per cent rebate on payment of property tax for the current financial year, if the same was done by September 30. No penalty would be 
imposed on payment of tax from October 1 to December 31 while the department imposes a 10 per cent penalty on payment of tax from January 1 to March 31. The penalty is increased 
to 20 per cent and 18 per cent annual interest is also imposed, if residents fail to pay the tax for the current financial year by March 31.
The MC Commissioner said to avoid standing in long queues, residents could also submit the pending dues online by visiting the website mcludhiana.gov.in of the MC.
He appealed to the residents to submit their pending tax in time to avoid penalties as the collected amount was used for providing basic amenities to them and for taking up development 
works in the city.


Source : The Tribune