Nagpur Chases Rs 1,279 Crore in Property Tax. Half of It Is Penalty
NMC’s 40-day recovery drive ends on September 30. Of the Rs 1,279 crore it is chasing across 3.24 lakh properties, Rs 587 crore is penalty, not tax.
Tag: property tax
Thane Property Tax Set to Rise 12-20% After 8-Year Freeze
Thane Municipal Corporation has approved its first property tax hike in eight years, raising residential rates 12% and commercial rates 20% from FY 2026-27.
Mumbai’s BMC Dangles Tax Rebates to Get Waste Sorted at Source
BMC is offering housing societies up to 15% property tax rebate to process wet waste on-site, but only 13% of eligible properties have taken it up so far.
Nagpur Civic Body Moves to Raise Property Tax, Weeks After ‘No New Taxes’ Pledge
NMC’s Standing Committee is weighing a 10% property tax rise and doubled sewerage and fire levies, weeks after promising no new taxes in its budget.