30,000 people still to pay property tax, to receive notices, Real Estate News, ET Real Estate

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Ludhiana: Civic authorities identify 30,000 property owners who haven’t made their payments property tax for the previous financial year. Now, these property owners will get notices asking them to clear their dues. The authorities have already started serving notices in some areas. In the next two months, the officers will try to recover the outstanding amount from the defaulters. Over 3.55 lakh returns were filed last year.

Meanwhile, the recovery is progressing smoothly in the current year as people get a chance to avail 10% discount on the total amount. The process of distributing notices has started. After the first notice, the officials had to wait for a month before serving the ceiling notice to the defaulters. Municipal officials have earned Rs 125 crore property tax 100 crores in the last financial year against the target of Rs. Now he has set a target of Rs 125 crore.

Sources said that municipal elections are to be held this year, so whenever the announcement of elections will be made, the employees will be put on election duty. He also said that the leaders of the ruling party would not allow him to give notice at the time of elections, which would affect the recovery.

Circle Commissioner Jasdev Sekhon “The process of recovering the dues has started. We will give one month’s time for payment and if people do not pay, we will seal the properties. Meanwhile, the sealing activity of previous years will continue as before.

Those who still failed to pay tax will have to pay huge tax amount as there will be 20% penalty and 18% annual interest on non-payment of tax.

  • Published on April 16, 2023 at 03:41 pm IST

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