Ranchi Civic Body Warns Holding Tax Defaulters
Real Estate

Ranchi Civic Body Warns Holding Tax Defaulters

The Ranchi Municipal Corporation (RMC) has intensified its efforts to recover outstanding holding taxes for the financial years 2023-24 and 2024-25 (up to the fourth quarter, ending March this year). Despite previous notices, 85 property owners had not cleared their dues. Among these defaulters, Saraswati Shishu Vidya Mandir, located in Dhurwa. The RMC has published a list of defaulters along with a notice, serving as a final warning to holding owners to comply with their tax obligations and avoid potential disruptions in their businesses.

RMC assistant administrator Chandradeep Kumar mentioned that the urban civic body was committed to ensuring compliance with holding tax regulations. He emphasized that defaulters must clear their dues within seven days through the corporation’s facilitation centres or online platforms. He warned that delayed payments disrupt civic projects and that strict actions, including account freezing and property attachment, would follow for non-compliance.

For the 2024-25 financial year, the RMC had set a holding tax collection target of Rs 830 million and had already collected Rs 600 million so far. To reach this target, the corporation had issued notices to over 1,000 property owners, including 100 major defaulters, urging them to promptly clear their dues.

The RMC has determined holding tax for more than 50,000 buildings within the municipal corporation area, with a focus on properties with long-standing unpaid dues or pending commercial tax assessments. The corporation has also installed hoardings to promote online tax payments, encouraging property owners to utilize digital platforms for their convenience.

The hoardings also urged property owners to act quickly to avoid legal consequences, such as the issuance of warrants for attachment and auction of movable and immovable properties, as well as the seizure of financial instruments. Kumar added that failure to comply would result in strict legal actions under Section 184 of the Jharkhand Municipal Act.

The Ranchi Municipal Corporation (RMC) has intensified its efforts to recover outstanding holding taxes for the financial years 2023-24 and 2024-25 (up to the fourth quarter, ending March this year). Despite previous notices, 85 property owners had not cleared their dues. Among these defaulters, Saraswati Shishu Vidya Mandir, located in Dhurwa. The RMC has published a list of defaulters along with a notice, serving as a final warning to holding owners to comply with their tax obligations and avoid potential disruptions in their businesses. RMC assistant administrator Chandradeep Kumar mentioned that the urban civic body was committed to ensuring compliance with holding tax regulations. He emphasized that defaulters must clear their dues within seven days through the corporation’s facilitation centres or online platforms. He warned that delayed payments disrupt civic projects and that strict actions, including account freezing and property attachment, would follow for non-compliance. For the 2024-25 financial year, the RMC had set a holding tax collection target of Rs 830 million and had already collected Rs 600 million so far. To reach this target, the corporation had issued notices to over 1,000 property owners, including 100 major defaulters, urging them to promptly clear their dues. The RMC has determined holding tax for more than 50,000 buildings within the municipal corporation area, with a focus on properties with long-standing unpaid dues or pending commercial tax assessments. The corporation has also installed hoardings to promote online tax payments, encouraging property owners to utilize digital platforms for their convenience. The hoardings also urged property owners to act quickly to avoid legal consequences, such as the issuance of warrants for attachment and auction of movable and immovable properties, as well as the seizure of financial instruments. Kumar added that failure to comply would result in strict legal actions under Section 184 of the Jharkhand Municipal Act.

Next Story
Infrastructure Urban

VECV Sales Rise 7.8 Per Cent In May 2026

VE Commercial Vehicles recorded sales of 7,978 units in May 2026, compared to 7,401 units in May 2025, registering growth of 7.8 per cent. This included 7,789 units from the Eicher brand and 189 units from the Volvo brand.Eicher branded trucks and buses reported sales of 7,789 units during the month, up 7.3 per cent from 7,258 units a year earlier. In the domestic commercial vehicle market, Eicher sales rose 9.1 per cent to 7,375 units from 6,758 units in May 2025.Exports declined 17.2 per cent to 414 units from 500 units in the corresponding month last year. Volvo Trucks and Volvo Buses recor..

Next Story
Infrastructure Urban

Table Space Strengthens DESYN Leadership Team

Table Space has announced strategic leadership appointments within DESYN, its integrated Design and Build business, as it looks to strengthen operations across key enterprise and GCC markets in India. DESYN was launched as a strategic extension of Table Space’s workspace solutions portfolio to meet rising demand for agile, high-quality and rapidly deployable enterprise workspaces.Shruti Ookabhoy has joined DESYN as Executive Director and will lead the Design vertical, focusing on design capability, operational excellence and team development across markets. She brings over 22 years of experi..

Next Story
Infrastructure Transport

Concord Associate Bags Rs 2.79 Bn Kavach Order

Concord Control Systems said its associate company, Progota India, has received a Rs 2.79 bn domestic order from Indian Railways for the supply, installation, testing and commissioning of on-board Kavach 4.0 loco equipment.The order is scheduled for execution within 12 months and strengthens Concord’s role in India’s railway safety and signalling ecosystem. Kavach is India’s indigenous automatic train protection system, designed to improve operational safety by helping prevent signal passing at danger and reducing collision risks.Gaurav Lath, Joint Managing Director, Concord Control Syst..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement