NAVI MUMBAI: In view of achieving its property tax collection target for the fiscal year 2023-24, Navi Mumbai Municipal Corporation (NMMC) has launched a special amnesty scheme for the next 30 days while allowing relief to the taxpayers in penalty for delayed payment. The scheme has been implemented from March 1, which will continue till March 31. This will certainly help the civic body to effectively recover the arrears of property tax in NMMC jurisdiction, said civic officials. NMMC has decided to waive off 75% of tax penalty for those who are able to pay between March 1 and 20. Besides, a 50% waiver in penalty is allowed from March 21 to 31.According to NMMC sources, this scheme is not mandatory for the defaulters of tax payment. Participation of property holders in the amnesty scheme will remain voluntary, said officials. An official said, “75% penalty will be waived off on payment of arrear tax amount if it is paid between March 1 and 20. This means one has to pay just a 25% penalty on the outstanding tax amount. Those making payment between March 21 and 31 will get a benefit of 50% discount in penalty of pending tax amount which means the taxpayer will have to pay the principal amount of tax with a 50% penalty.”
Under the special amnesty scheme, there will be no relief in the arrears of original property tax amount due as the entire outstanding amount has to be paid at once to get the benefits. Partially paid amounts will not benefit from this scheme, said officials. Online application is required for the amnesty scheme on the website www.nmmc.gov.in or the mobile app nmme e-connect. Debit card, credit card, internet banking, NEFT, RTGS modes of payment are available for online payment.
Facility of payment of property tax can be done at NMMC headquarters besides all divisional offices and all pay centers by cash /cheque/ money order. As on date, NMMC tax department has collected over Rs 530 crores property tax since April 2023, against the targeted figure of Rs 801 crore as the current fiscal budget provision. Concession will not be given in penalty and interest after the property tax is paid beyond March 31.
Source Homevior.in
