Ghaziabad may propose 20% rebate for timely clearing of taxes

Delhi/NCR
The city municipal corporation has proposed a 20% tax rebate for residents who clear their dues on time. The proposal will be presented to the board of the civic body for approval in its next meeting. Once approved, it is likely to come into effect from the financial year 2015-16.

Bills pertaining to house tax, sewerage tax and water tax across the city are computed by the civic body annually from April to March of each financial year. The bills are then issued to residents from the month of May. "A suitable date, such as the last day of October or November, will be set as the deadline for payment of these bills. Those making payments within this time period, will be extended the benefit of the rebate, which will be applicable only for clearing tax dues of the current financial year," said additional municipal commissioner D K Sinha.

While the rebate will be provided to residents across the five administrative zones - Kavi Nagar, Mohan Nagar, Vasundhara, City and Vijay Nagar - residents of Indirapuram will, however, only get rebate for house tax, as residents of this area do not pay sewage and water taxes to the municipal corporation. It is yet to be handed over by Ghaziabad Development Authority to the civic body for maintenance and upkeep.

Source: http://content.magicbricks.com/industry-news/delhi-ncr-real-estate-news/ghaziabad-may-propose-20-rebate-for-timely-clearing-of-taxes/80238.html