Over 50% of Ahmedabad taxes paid online

07 Sep 2023 CW Team

The Ahmedabad Municipal Corporation (AMC) announced that they had amassed revenue totalling Rs 10.04 billion from April 1 to September 2, with the majority of this sum originating from property tax, amounting to Rs 8.28 billion. According to the AMC, tax collection during this period experienced an increase compared to the previous year. In the first five months of the preceding fiscal year, the civic body had gathered Rs 7.16 billion. The AMC also reported that 53% of their overall tax payments were conducted online.

Jainik Vakil, the chairman of AMC's revenue committee, remarked, "The tax rebate scheme and stringent measures against defaulters have yielded favourable outcomes. We have provided rebates to early-paying taxpayers and imposed penalties on defaulters by issuing notices, sealing properties, and even auctioning off such properties."

Also read:
UP RERA aims to revive 10,000 stalled housing units
Boundary Holdings Executives Invest Rs 76 Crores in Delhi Land

Infrastructure Urban

13 Oct 2025

Daikin Boosts Haryana’s Innovation Push with Rs 10 billion R&D Plan

Japanese multinational Daikin Industries has committed an investment of Rs 10 billion to set up a new research and development centre in Haryana. The proposed facility will focus on advanced technologies and sustainable industrial solutions, marking a significant boost to the state’s innovation and industrial ecosystem. The announcement follows the signing of a Memorandum of Understanding (MoU) in Osaka, Japan, during a visit by a Haryana government delegation held from October 6 to 8. The MoU was signed by Amit Kumar Agrawal, Commissioner and Secretary, Industries and Commerce Department, ..

Lloyds Metals to Build Rs 250 billion Steel Plant in Gadchiroli

Lloyds Metals & Energy Limited (LMEL) has announced an investment of Rs 250 billion aimed at transforming Gadchiroli in Maharashtra from a region once associated with the red corridor into a key industrial and growth hub. The company’s plans are centred on establishing an integrated steel production ecosystem, which will contribute significantly to regional development and employment. As part of its expansion strategy, LMEL is setting up a 4.5-million-tonne blast furnace in Gadchiroli, scheduled for completion by 2027–28, along with another 1.2-million-tonne facility in Chandrapur by 2029..

UPI Crosses 500 Million Users, Fuels MSME and Digital Growth

The Unified Payments Interface (UPI) has achieved a new milestone, surpassing 500 million consumers and 65 million merchants across India. The platform, developed by the National Payments Corporation of India (NPCI), has expanded its reach to nearly 99 percent of the country’s pin codes, underlining its deep penetration into both urban and rural markets. According to a report by NPCI and the Boston Consulting Group (BCG) launched during the Global Fintech Fest 2025, UPI has evolved from being a digital payments mechanism into a key enabler of financial inclusion and small business growth. I..