AhmedabadA minute ago
Ahmedabad Municipal Corporation (AMC) has announced 75 percent waiver of property tax interest for 75 days on the occasion of Azadi Ka Amrit Mahotsav. Due to this scheme, the Ahmedabad Municipal Corporation can get an income of Rs 250 crore. This scheme will not be applicable on current year 2022-23 amount. This decision was taken in the Revenue Committee meeting today and the scheme will be implemented from August 8 after the decision is taken in the Standing Committee. Can take advantage till 21 October.
Old and new formula interest zero
Chairman of the Revenue Committee Jainik Vakil said that from August 8 to October 21 i.e. for a period of 75 days, the amount of all residential and non-residential properties of AMC for the year 2021-22 is fully paid and the outstanding amount is zero, then 75 percent waiver of all interest of old formula and new formula. will be given.
The court matter will end quickly
Further, he said that regular advertisement in newspapers, hoardings, banners, pamphlets, rickshaw publicity and maximum publicity in social media will be done from the tax and publicity account for the promotion of this scheme. In the last two years, the citizens of the city affected by the global corona epidemic have suffered financial loss. Keeping this in mind, this unprecedented opportunity is being given by the Ahmedabad Municipal Corporation to the citizens affected by the Corona epidemic. Court matters often arise out of tax disputes in tax accounts and in some cases court-matters remain pending for many years. Pursuant to this scheme, it is hoped that such long-running court matters will also be brought to a speedy end.
There are about 57 thousand applications in the tax account
At present, there are about 57000 applications of various types in the tax account in the current year. There is a provision to charge interest at the rate of 18 percent on the outstanding tax amount. But within the period of this scheme, 75 percent relief will be given in this interest. That means there will be only 4.5 percent interest rate. Due to which most of these 57000 applications running in the tax account can be disposed of positively. Also, application disposal campaign will be conducted in all zonal offices for speedy disposal of all types of pending tax applications during the scheme period. Also, strict recovery measures up to the seal will be taken against large arrears.