Bidhannagar Civic Body to levy penalty on property tax dues from April 1
Real Estate

Bidhannagar Civic Body to levy penalty on property tax dues from April 1

Starting from April 1, BMC announced that it would initiate the collection of a 10% penalty and 10% interest on property tax arrears. The calculation would be based on the dues as of March 31 this year. A target of collecting Rs 400 million from property tax in the current financial year, ending on March 31, has been set by the civic body.

The original plan was for the penalty and interest to be payable from October 1 of the previous year, but the civic authorities decided to defer the implementation of this plan. Officials stated that it would be more convenient for the authorities to calculate and apply the penalty and fine on arrears for all four quarters of the year instead of applying the penalty and interest for the first two quarters and then recalculating the arrears for the third and fourth quarters.

Taxpayers have the option to either pay online, generating demand notices through their assessee number, or make payments in cash, cheque, or demand draft at designated bank branches and tax collection offices between 11 am to 3 pm on any working day. Additionally, authorities have been organizing doorstep property tax collection camps for taxpayers in the Rajarhat-Gopalpur area.

Furthermore, authorities are planning to commence the collection of property tax from April 1 for residents of four BMC wards ? 27, 28, 35, and 36 ? encompassing a vast area including Mahisbathan, Nayapatti, and the extensive bheri areas off EM Bypass. These residents, who still pay 'khajna' or land revenue to the local panchayat or BLRO office, will also be able to conduct mutation of properties.

Starting from April 1, BMC announced that it would initiate the collection of a 10% penalty and 10% interest on property tax arrears. The calculation would be based on the dues as of March 31 this year. A target of collecting Rs 400 million from property tax in the current financial year, ending on March 31, has been set by the civic body. The original plan was for the penalty and interest to be payable from October 1 of the previous year, but the civic authorities decided to defer the implementation of this plan. Officials stated that it would be more convenient for the authorities to calculate and apply the penalty and fine on arrears for all four quarters of the year instead of applying the penalty and interest for the first two quarters and then recalculating the arrears for the third and fourth quarters. Taxpayers have the option to either pay online, generating demand notices through their assessee number, or make payments in cash, cheque, or demand draft at designated bank branches and tax collection offices between 11 am to 3 pm on any working day. Additionally, authorities have been organizing doorstep property tax collection camps for taxpayers in the Rajarhat-Gopalpur area. Furthermore, authorities are planning to commence the collection of property tax from April 1 for residents of four BMC wards ? 27, 28, 35, and 36 ? encompassing a vast area including Mahisbathan, Nayapatti, and the extensive bheri areas off EM Bypass. These residents, who still pay 'khajna' or land revenue to the local panchayat or BLRO office, will also be able to conduct mutation of properties.

Next Story
Real Estate

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

Next Story
Infrastructure Energy

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Next Story
Infrastructure Urban

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement