Amid property tax row, GMC extends 20% cut till September
Sanjeev Sinha, the chief tax assessment officer at GMC, said, "With a view to include maximum consumers under the tax bracket, the corporation is offering a time-bound rebate on property tax. Since the start of the fiscal year — from April 1 — a 20% rebate was offered till July 31. However, we have extended this by two more months. Consumers can now avail themselves of a 20% rebate on property tax till Sept 30."
Sinha elaborated on the future rebate structure too.
"After Sept, the rebate will be slashed by 10%, which the consumers can avail themselves of for another two months — Oct and Nov. For Dec and Jan next year, the rebate will be 5%. After that, no discount will be offered. A consumer paying property tax after March 2026 will be levied with a fine. It is advisable that residents make good use of the offer because it is beneficial from the consumer's as well as GMC's point of view.
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It will boost the corporation's coffers."
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The city has around 5.5 lakh property taxpayers. The state govt has set a target of Rs 600 crore for the fiscal year 2025-26. GMC hopes to collect at least 80% of this target.
Despite the extension, confusion prevailed among residents regarding the tax rates. While officials asserted that property tax was being charged at rates before April 1, some residents claimed having received notices based on a new, higher tax slab.
IN Jha, a resident of Sidharth Vihar, voiced his concerns. "We thought the GMC board repealed the hiked property tax proposal on June 30. But we are still receiving notices based on the new tax slab, which is at least four times higher than previous tax rates. There is confusion. So far, we have not got a satisfactory reply."
Previously, property tax rates ranged from Rs 0.32/sqft for properties on roads less than 12 metres wide to Rs 2.41/sqft for wider roads. Revised rates now range from Rs 0.75/sqft to Rs 4/sqft. GMC calculates tax based on annual rental value (ARV) of a property.
GMC's decision to hike property tax has led to protest among councillors. The GMC board recently approved a decision to repeal the hike order, and sent it to the state govt for a final call.
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