Interest waiver on property tax arrears helps improve collections in AP
1 year, 8 months ago

Interest waiver on property tax arrears helps improve collections in AP

Deccan Chronicle  

Vijayawada: Waiver of interest on arrears of property tax, up to March 31, 2023, has helped AP improve its tax collections to an extent of Rs. The department of municipal administration and urban development issued an order on March 16, offering to waive the interest on the arrears and on the current demand of property tax up to the year 2022-2023 as a one-time settlement across municipalities and municipal corporations. A simple interest at the rate of two per cent per month will be charged in case of any failure to pay property tax by June end for the first half year and by December end for the second half year. We cleared all dues to avail the benefit.” A municipal administration official said, “The waiver of interest on property tax dues has improved tax collections.

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History of this topic

Andhra Pradesh High Court Directs Municipal Corporation To Decide Representation On Waiver Of Interest On Property Tax Arrears
8 months, 3 weeks ago

Andhra Pradesh High Court Directs Municipal Corporation To Decide Representation On Waiver Of Interest On Property Tax Arrears

Live Law  

The Andhra Pradesh High Court, while restraining the Municipal Corporation from taking coercive steps against the petitioner, directed the corporation to decide representation on a waiver of interest on property tax arrears.The bench of Justice Ravi Cheemalapati has observed that the petitioner seems to have been paid an amount of Rs. The Andhra Pradesh High Court, while restraining the Municipal …

AP registers 19.40% rise in property tax collections in current fiscal
4 years, 1 month ago

AP registers 19.40% rise in property tax collections in current fiscal

Deccan Chronicle  

Vijayawada: Andhra Pradesh registered a 19.40 per cent rise in property tax collection in the current fiscal up to November 4 despite Covid-19 affecting the economy badly. The authorities had set a Rs 1,958.88 crore tax collection target in the current fiscal and have so far managed to collect 38.40 per cent of it. In addition to this, the state …

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