PMC starts levying penalty interest which will rise to 100 per cent from January 1, 2023; urge citizens to pay bills first to avoid rising penalty
The Panvel Municipal Corporation has managed to collect only around Rs 170 crore as property tax against the proposed target of Rs 1,000 crore since October 1, 2016, as a majority of the residents are not paying the same and are waiting for a court order in the matter. The Bombay High Court had recently allowed a writ petition of Kharghar Forum to be converted into a Public Interest Litigation. The civic body has now started levying interest on default payment on the tax, applied retrospectively since 2016, as per slabs and will start levying 100 per cent penalty from January 1, 2023.
https://www.mid-day.com/mumbai/mumbai-news/article/mumbai-only-rs-170-cr-property-tax-collected-since-2016-says-panvel-civic-body-23244256
Source: Mid Day
