Wed. Oct 5th, 2022

The final date for paying the property tax with out penalty is September 30.

The final date for paying the property tax with out penalty is September 30.

With the deadline for paying the property tax for the fundamental half of 2022-23 ending by September 30, solely fifty two% of the assessees in greater Chennai company (GCC) limits have paid the tax up to now.

Of the roughly thirteen lakh assessees inside metropolis, round 6.88 lakh have paid their property tax up to now. the quantity collected stood at ₹570 crore. The compliance is comparatively greater amongst the numerous large taxpayers with properties measuring 50,000 sq. toes and extra. About sixty three% of them have made the payment.

With extra of us anticipated to pay inside the final week of the deadline, the company is anticipating the gathering to attain round ₹650 crore by September 30, past which the civic physique might impose a penalty for the delayed payment.

regardless of almost half of the assesses but to pay their tax, it is noteworthy that the tax of ₹570 crore collected up to now for the half-yearly interval from April to September in 2022-23 has crossed seventy five% of the property tax collected in 2021-22 for the complete 12 months interval. This vital enhance inside the tax assortment is primarily as a consequence of revision in property tax that bought here into influence from April 1, 2022.

interesting to the remaining public to pay their property tax for the April to September interval by September 30, company Deputy Commissioner (income and Finance) Vishu Mahajan mentioned that minor glitches inside the on-line payment system had been addressed. He mentioned that whereas the civic physique did get hold of some complaints about funds being caught in pending state for a very very prolonged time, the identical had been addressed after discussions with the banks offering the payment gateways.

round 60% of all of the funds obtained up to now have been by means of the on-line mode, he mentioned. “earlier to the pandemic, this was very low. The pandemic and availability of UPIs (Unified payment Interface) have significantly boosted on-line mode of payment,” he mentioned.

GCC has made selections accessible in its internet website for the remaining public to confirm their taxes, the biggest method it has been calculated and make the payment.

5,000 petitions

greater than 5,000 of us have raised objections to their property tax evaluation based mostly on revised calculations.

With every of these complaints requiring direct listening to by officers, sources inside the company mentioned that these complaints have been being addressed steadily.


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