Ulhasnagar Mayor nods Abhay Yojana scheme for property tax holders
Real Estate

Ulhasnagar Mayor nods Abhay Yojana scheme for property tax holders

The Ulhasnagar property tax holders will obtain some relaxation in property tax payment as the Urban development minister Eknath Shinde permitted the Abhay Yojana scheme for a month.

Under the scheme, the Ulhasnagar Municipal Corporation (UMC) will render a rebate of up to 100% on the penalty amount of arrears of property tax. Property tax is one of the significant sources of income for the corporation.

The scheme will additionally assist UMC to obtain income as the civic body is facing a shortage of funds as this year due to non-collection of property tax, the civic body is currently unable to pay even the salaries of some of the staff.

The decision to execute Abhay Yojana was taken on Monday, after Mayor Leelabai Ashan and her son Arun Ashan with some other corporators met with Eknath Shinde in Mantralaya.

Mayor Leelabai Ashan told the media that the scheme will assist property tax holders as they will get a discount of up to 100% on their penalty amount and it will also help civic bodies to improve the revenue of civic bodies which are encountering a shortage of funds.

Earlier, several political parties and traders association in the city had demanded UMC to begin the Abhay Yojana scheme for property tax holders in the city as many people who are encountering a shortage of funds due to Covid-19 this year are unable to pay their property taxes.

Ex-deputy mayor Jeevan Idnani has appealed to people to take advantage of this chance by paying property tax during the scheme period.

Image Source

Also read: GMC eyes Rs 80 crore more revenue via property tax

The Ulhasnagar property tax holders will obtain some relaxation in property tax payment as the Urban development minister Eknath Shinde permitted the Abhay Yojana scheme for a month. Under the scheme, the Ulhasnagar Municipal Corporation (UMC) will render a rebate of up to 100% on the penalty amount of arrears of property tax. Property tax is one of the significant sources of income for the corporation. The scheme will additionally assist UMC to obtain income as the civic body is facing a shortage of funds as this year due to non-collection of property tax, the civic body is currently unable to pay even the salaries of some of the staff. The decision to execute Abhay Yojana was taken on Monday, after Mayor Leelabai Ashan and her son Arun Ashan with some other corporators met with Eknath Shinde in Mantralaya. Mayor Leelabai Ashan told the media that the scheme will assist property tax holders as they will get a discount of up to 100% on their penalty amount and it will also help civic bodies to improve the revenue of civic bodies which are encountering a shortage of funds. Earlier, several political parties and traders association in the city had demanded UMC to begin the Abhay Yojana scheme for property tax holders in the city as many people who are encountering a shortage of funds due to Covid-19 this year are unable to pay their property taxes. Ex-deputy mayor Jeevan Idnani has appealed to people to take advantage of this chance by paying property tax during the scheme period. Image Source Also read: GMC eyes Rs 80 crore more revenue via property tax

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