colonies: 15,000 houses in the colonies ready to pay property tax | Chandigarh News

Chandigarh: The Municipal Corporation (MC) is to bring settlement homes within the scope of tax to fill its dwindling coffers in a major move.
Homes with an area of ​​500 square feet or more will have to pay property tax. A survey by the civic body found that there are around 15,000 such homes across the city.

15,000 houses in settlements ready to pay property tax

The local bodies department of the UT administration had omitted the word settlements from the tax exemption list in July 2019. However, the coronavirus pandemic and the MC elections had prevented the collection of tax in these new areas.
The MC has now started printing invoices and sending them to eligible homes to pay the next year’s tax from April 1. Although the calculation of the exact income by charging the tax from these houses has not yet been done, sources told the authority. expects an income of Rs 1 crore per annum.
“A notification in this regard has already been issued by the local government department after the approval of the administrator of UT. We will now collect the tax from them. The printing of invoices for these new properties entering the tax category has begun. Homes with an area of ​​500 square feet or more in settlements will be covered,” sources said.
Previously, residential properties in settlements and villages were exempt from paying property tax. But by omitting the word colonies in the decrees, only residential properties in villages do not have to pay tax. As the city has many settlements, the new move will affect a good number of people.

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