The meeting of the Ahmedabad Municipal Corporation’s (AMC) revenue committee on Tuesday approved the proposal for the property tax incentive rebate scheme. Citizens who pay their outstanding property tax between March 14 and March 31 will get an interest rebate.
Summary of the Ahmedabad Municipal Corporation’s (AMC) property tax incentive rebate scheme:
- Approval:
- The AMC’s revenue committee approved the property tax incentive rebate scheme on Tuesday.
- Incentive:
- Citizens who pay their outstanding property tax between March 14 and March 31 will receive an interest rebate.
- Purpose:
- The scheme is designed to encourage timely payment of outstanding property taxes.
- Rebate Details:
- Residential properties receive a 100% interest waiver.
- Commercial properties receive a 75% interest waiver.
- Source: Click Here
Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.