Property tax penalty exemption dates extended under 90% and 75% bracket
The 90% rebate effective from July 18 expired on Aug 15. Accordingly, the 75% rebate period has been rescheduled from Sept 16 to Sept 30. The property tax outstanding amount stands over 47% of the 2025-26 budget figures. Civic body is offering basic tax discount of 5% to those paying the 2025-26 tax by Aug 31, 2% towards digital payments through accepting e-bills and 2% towards property holders' participation in saving energy, water recharge, solid waste management and environment friendly activities among others.
Four tier (90%, 75%, 50% and 25% rebate on penalty amount) amnesty scheme was earlier scheduled to expire on Sept 20, but civic chief Mangesh Chitale has extended the same to Sept 30. The four slabs have been reduced to two slabs that is a 90% rebate from Aug 15 to Sept 15 and 75% from Sept 16 to Sept 30 doing away with the earlier announced 50% and 25% slabs.
You Can Also Check:
Mumbai AQI
|
Weather in Mumbai
|
Bank Holidays in Mumbai
|
Public Holidays in Mumbai
|
Gold Rates Today in Mumbai
|
Silver Rates Today in Mumbai
Civic body media release reveals that so far Rs 213 crores has been received from July 18. PCMC had presented a budget of Rs 3,874 crores. The property tax outstanding amount stands at 1,842 crores (as of Thursday, Aug 13). The property tax outstanding amount stands at 47% of the budget amount. Deputy municipal commissioner (property tax), Swarup Kharage has appealed to the taxpayers to clear their tax dues by taking benefit of the scheme.
Recent protest rally by opposition parties led to revisit tax reliefs under pressure. Kharghar Colony Forum appealed to property holders not to pay up, aiming for reduction in base rate.
Stay updated with the latest local news from your
city
on
Times of India
(TOI). Check upcoming
bank holidays
,
public holidays
, and current
gold rates
and
silver prices
in your area.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
India Today
36 minutes ago
- India Today
Pakistan extends airspace ban on Indian flights for another month
Pakistan on Wednesday extended its airspace ban on Indian aircraft until September 23. The Pakistan Airports Authority (PAA) issued a fresh NOTAM (Notice to Airmen) announcing the one-month extension, covering both civilian and military aircraft that are Indian-owned, operated, or leased."All aircraft operated by Indian airlines will not be allowed to use Pakistani airspace. The ban also remains in place for military and civilian aircraft that are Indian-owned or leased," the authority airspace closure was first imposed on April 23 for one month following the Pahalgam terror attack in Jammu and Kashmir, which killed 26 people. The initial ban barred Indian carriers from flying over Pakistan. India responded on April 30 with a reciprocal airspace closure for Pakistani aircraft, starting a series of tit-for-tat restrictions. The ban was first extended on May 23. In July, Pakistan further extended the closure until August 24, affecting hundreds of flights LOSES RS 1,240 CRORE IN AIRSPACE BANThe prolonged closure has hit Pakistan's aviation sector hard. According to Dawn, citing the Defence Ministry, the Pakistan Airports Authority lost over Rs 1,240 crore (PKR 4.1 billion) in just two months. The loss stemmed from transit charges as 100-150 Indian aircraft fly daily, cutting Pakistan's overflight traffic by almost 20 per Defence Minister Khawaja Mohammad Asif confirmed that the ban had caused significant revenue losses. "The closure has impacted our overflying charges and transit traffic severely," he restrictions have created major challenges for airlines, forcing longer routes that burn more fuel and stretch flight times. Carriers have also struggled with crew rotations and scheduling headaches, all of which are driving up operating costs.- EndsWith inputs from agenciesMust Watch
Time of India
38 minutes ago
- Time of India
Thiruvananthapuram South railway station upgrade gains momentum
Thiruvananthapuram: The redevelopment of Thiruvananthapuram South railway station (formerly Nemom) has entered a crucial phase, with nearly 60% of the sanctioned work complete. Tired of too many ads? go ad free now The project includes a modern coaching terminal and track doubling, both key to easing congestion at Thiruvananthapuram Central. According to railway sources, the modern station building's foundation is already 70% complete. "Platform shelters on the freshly constructed platforms 2 and 3 are now fully complete, while the shelters for platform 4 are about 75% finished. Construction is progressing steadily on the subway that will connect all platforms. At the coaching terminal, which will house facilities for parking and maintenance of trains, core earthworks and pit-line construction are nearly complete. Track doubling is set to be finished first, while the terminal itself is scheduled for commissioning by the end of 2026. The Union railway ministry has given the project high priority. Once complete, the station will function as a satellite hub, shifting a significant share of maintenance, stabling and operational load away from the overcrowded Central station. The upgraded plan now includes four platforms, two extra pit-lines, four stabling lines and a repair shed, offering facilities comparable to Central. During a Feb 2025 review visit, Union minister of state for railways V Somanna expanded the project's scope, reaffirming its importance in meeting the capital's long-term rail demands. The project, estimated to cost Rs 117 crore, is being built on railway-owned land, ensuring faster execution. Tired of too many ads? go ad free now Accessibility is also being addressed. A new approach road from the Karamana–Kaliyikkavila state highway has been cleared, with 1.84 acres sanctioned by the state govt. This is crucial since the current road is too narrow to handle expected traffic growth. The Union home ministry has also approved renaming Nemom station to Thiruvananthapuram South, aligning with efforts to streamline rail operations and station identities. Railway officials have stressed that the new terminal will be central to decongesting Thiruvananthapuram Central, enabling smoother train operations, better stabling capacity, and modernized maintenance facilities. Meanwhile, Southern Railway is carrying out upgrades across the region. At Thiruvananthapuram North (Kochuveli), work on the new station building, lifts, tactile paving and shelters is nearing completion. Redevelopment is also advancing at Neyyattinkara and Thiruvananthapuram Central, with timelines stretching through 2025 and 2026.
Time of India
38 minutes ago
- Time of India
Money on the table: PU elections and the Great Lyngdoh Farce
1 2 Chandigarh: At Panjab University, the Lyngdoh Committee says a student council candidate cannot spend more than Rs 5,000. In reality, that figure barely covers the first few hours of campaigning. Just the stickers- 10,000 photocopied to look "handmade"- cost around Rs 3,000. Add the daily fuel bill of a single SUV ferrying supporters across Chandigarh, and the budget is already blown. And this is before food, liquor, parties, and manifestoes even enter the scene. Insiders say a small seat gulps down Rs 4-7 lakh, while a front backed by a mainstream political party splurges 15-20 lakh. Chest stickers are the most visible evidence of the joke. They are supposed to be hand-painted but actually roll out of photocopy shops by the thousands. "Ten thousand pieces cost barely Rs 3,000. They look handmade, just enough to trick the rulebook," said a shopkeeper in Sector 17, who is visited by student leaders for printing since years. The stickers are flung in the air at rallies, pasted and repasted on chests through the day, each campaigner using two or three before nightfall. The larger the order, the cheaper it gets. The guidelines are unambiguous. Clause 6.6.1 fixes the maximum expenditure per candidate at Rs 5,000. Clause 6.7.5 forbids printed posters, and Clause 6.7.6 allows handmade ones only at designated spots. But the ground reality is a different spectacle- stickers flooding cars and jackets, glossy manifestoes circulated in stacks, SUVs shuttling students in and out, and endless meals at cafés across Sector 8, 9 and 10. Food alone eats up a fortune. "Friends, supporters, even people pulled in for a show of strength sit in cafés day in and day out. That alone burns through lakhs," said a source from a non-political front. For the bigger players, the outfits openly backed by mainstream political parties, the figures climb even higher. Campaigns worth Rs 15-20 lakh are spoken of casually. The spending list is long: out-of-campus parties, fuel for convoys, manifestoes, daily lunches, and even, according to one insider, "something as shameless as buying votes from smaller groups. A department unit of 100-150 votes will directly say, 'We can assure this number, but we want something in return. '" Alcohol has become another currency. "At least 500 bottles of alcohol, mostly whiskey, go into a good campaign," recalled a former PUCSC elected member. "Earlier it used to be less, but with more direct involvement of political parties, the scale and quality have gone up. Now, with parties in power, liquor comes straight from dealers." The funding web stretches beyond campus. "The money doesn't always come in cash form. Something may be sponsored by a builder, something by a liquor exporter. They do it to please the mainstream parties, who tell them to get things done," he said. Even something as basic as water can blow up a bill. In the 2016 campaign, around Rs 1.5 lakh was reportedly spent on water bottle packets in just 15 days, as confirmed by someone who managed the finances back then. Multiply that by food, stickers, printing, and fuel, and the arithmetic makes a mockery of Lyngdoh's Rs 5,000 ceiling. Present-day leaders quietly admit the scale. One from a party linked to a national political outfit said, "At least 50 people are around you during campaigning, working with their vehicles and their time for a month. If a student lives on a pocket money of Rs 20,000 per month, imagine how much would be needed to sustain 50 of them for weeks. It is impossible to keep it within Rs 5,000." So every season, the cycle repeats itself. Stickers fly, manifestoes roll out, cafés and liquor shops do brisk business, and the university turns into a carnival of money and influence. Lyngdoh's name still gets printed on official notifications, but on the ground it survives only as a prop in a drama run on cash, fuel, and crates of liquor. Stay updated with the latest local news from your city on Times of India (TOI). Check upcoming bank holidays , public holidays , and current gold rates and silver prices in your area.
