logo
#

Latest news with #ZirakpurMunicipalCouncil

OTS scheme for property tax extended till August 15
OTS scheme for property tax extended till August 15

Indian Express

time03-08-2025

  • Business
  • Indian Express

OTS scheme for property tax extended till August 15

Providing another opportunity to residents to clear their outstanding property tax dues without penalty and interest, the Punjab government has extended the One-Time Settlement (OTS) scheme till August 15. Deputy Commissioner Komal Mittal said, 'The OTS scheme, which was earlier effective from July 1 to 31, received an overwhelming response from residents. As a result, the Municipal Councils in Mohali district have collectively collected Rs 21.85 crore in pending property tax dues till August 1.' 'Zirakpur Municipal Council led the collections by depositing Rs 13.59 crore, followed by Kharar Rs 3.75 crore, and Dera Bassi securing the third position with Rs 2.26 crore,' she said. Among the remaining municipal councils, Lalru collected Rs 82.98 lakh, Kurali Rs 55.2 lakh, Naya Gaon Rs 52.95 lakh, Banur Rs 34.05 lakh and Gharuan Rs 41,000, she said. Appealing to the residents, who have yet to take advantage of the OTS scheme, the DC urged them to promptly visit their respective municipal council offices and clear their outstanding property tax dues before the extended time.

Zirakpur MC collects ₹12 cr in property tax on final day of OTS scheme
Zirakpur MC collects ₹12 cr in property tax on final day of OTS scheme

Hindustan Times

time01-08-2025

  • Business
  • Hindustan Times

Zirakpur MC collects ₹12 cr in property tax on final day of OTS scheme

On the final day of the Punjab government's one-time settlement (OTS) scheme, the Zirakpur Municipal Council collected a record ₹12.25 crore in property taxes. The scheme, which ended on July 31, allowed property owners to clear their dues by paying only the principal amount, with complete waivers on interest and penalties. Those who haven't paid property tax will face action, say officials. Launched on July 1, the OTS scheme aimed to provide financial relief to property owners across Punjab while boosting municipal revenues. The response in Zirakpur was particularly overwhelming, with the municipal office witnessing daily footfalls of 200–250 property owners throughout the month, officials said. The Zirakpur Municipal Council surpassed other councils and municipal corporations in the district in total collections, said officials. 'The response from residents was highly encouraging. We are expecting the final tally to increase further, as many taxpayers came forward on the last day,' said a senior official from the council. Executive officer Jagjit Singh Judge thanked the Punjab government for launching the OTS initiative, noting that it had significantly improved the council's financial position. 'Those who failed to pay their dues under the OTS scheme will now face legal action. Identification of defaulters has already begun,' he added.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store