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Civic Body Identifies 2 5k Property & Water Tax Defaulters, Real Estate News, ET RealEstate

“We have identified around 2500 defaulters, who have at least Rs 1 lakh or more due as property and water taxes. Of them, around 10 departments and establishments have about Rs 200 crore pending with them,” IMC additional commissioner Abhilash Mishra said.

Clear Property, Water Tax Dues On Dec 9 & Get Rebate On Surcharge, ET RealEstate

IMC officials said, as per MP Municipal Corporation Act, 1956, up to 100% rebate has been offered on surcharge on clearing Rs 50,000 of property tax dues, followed by 50% rebate on dues between Rs 50,000 and upto Rs 1 lakh, rebate of 25% on clearing of property tax and surcharge dues totalling above Rs 1 lakh.

Nine Plots Seized For Not Paying Tax Dues, Real Estate News, ET RealEstate

A team led by zone 13 assistance revenue officer Vaibhav Dangi seized as many as nine plots of the ‘defaulters’ as the owners had more than Rs 40,000/each due as property tax.

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