For all the latest India News, download Indian Express App. 0: Area Base Sytem Select Payment Mode Debit / Credit Card. Click here to join our channel (@indianexpress) and stay updated with the latest headlines. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. However, the lockdown and suspension of development projects exhausted all its funds and incurred a liability of about Rs 70 crore per month, including salaries of staff amounting to Rs 45 crore. newindianexpress.com reserves the right to take any or all comments down at any time. “We are planning to make use of social media and newspapers to ensure that the message about the rebate reaches the people. Follow us for updates, NDA wins absolute majority in Bihar, RJD emerges single-largest party, Bihar elections: Tejashwi Yadav’s social engineering fails to click, TNIE Exclusive: Big auction, Ahmedabad IPL franchise next year, Eight Bengaluru schools make it to top 10 in national survey, COVID19 vaccine Sputnik V is 92% effective Russia, SC grants interim bail to Arnab Goswami in 2018 abetment of suicide case, Big things come in tiny packages: How Belgian Artist is giving life to outdated Belgian boot-scrapers, Game Changer to Most Valuable Player: Check out the IPL 2020 award winners. Patel said the move is to benefit both the VMC and the citizens. Disclaimer : We respect your thoughts and views! The rebate will be calculated on the spot for physical payments in ward offices and by our online payment deals as well so that the citizens pay 10% less to begin with.”. Please note: 1. the property must onlybe occupied by qualifying students 2. we can extend your student exemption for a maximum of 6 weeks Note:You can use your actual 'move in' date and course start dates if you don't wis… Published: 27th April 2018 02:36 AM | One More Thing: With the M1, Tim Cook just did a Steve Jobs! Tiwari said, “Our annual growth with octroi was pegged at a compounded 18%. Fire & … In the last financial year 2019-20, the VMC earned Rs 454 crore against the estimated Rs 474 crore through property tax collections. Anyone who has cleared past dues or is willing to clear them along with the penalties will also be eligible for this rebate for the current year. This sum, primarily, is meant for the ongoing Amrut Yojana that aims to link the water network in the city. VIJAYAWADA: The Vijayawada Municipal Corporation (VMC) has earned a revenue of Rs 3.81 crore until April 24 through property tax collection by offering 5 per cent discount. Tax discount of five per cent will not be given if the tax is paid for half of the year or in instalments or after April 30. Had there been a corresponding increase in the octroi grant, we would have been self sufficient.”. “Ultimately, the VMC will have to compensate the developer by allowing some relaxation in the premium amount of the land. Speaking to The Indian Express, Deputy Municipal Commissioner SK Patel said, “The rebate is an immediate relief. All the comments will be moderated by the newindianexpress.com editorial. We also have another major source of income through town planning and we will try to ensure that it is smoothly executed,” Patel said. e-Payment of Property-Tax, Water-Charge and Safai-Charge Bills. You know Ponting won't leave any fight: Ashwin on spat with Kohli. Help us delete comments that do not follow these guidelines. 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Property tax is one of our biggest incomes,” Patel said, stating that in the last financial year 2019-20, the VMC earned Rs 454 crore against the estimated Rs 474 crore through property tax collections. In a desperate attempt to replenish its dwindling funds, the Vadodara Municipal Corporation (VMC), for the first time, announced a 10% rebate for citizens who pay their advance property tax for the current financial year between June 1 and 30. (Representational) In a desperate attempt to replenish its dwindling funds, the Vadodara Municipal Corporation (VMC), for the first time, announced a 10% rebate for citizens who pay their advance property tax for the current financial year between June 1 and 30.
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