Urban Local Bodies Department, Government of Haryana specifies rebate on property tax for the year 2019-20; allows one-time waiver of interest on the dues and arrears in certain cases

Urban Local Bodies Department, Government of Haryana specifies rebate on property tax for the year 2019-20; allows one-time waiver of interest on the dues and arrears in certain cases

September 11, 2019 Haryana, Industries, OPS 0

The Urban Local Bodies Department, Government of Haryana (“Department”) through a Notification No. 14/5/2017- 3C-II, dated 5th September 2019 has made Amendments to an earlier notification issued by the Department with regards to the imposition of Property Tax on land and buildings within the Municipal Corporation.

Background:

 

The Department had previously through a Notification No. S.O./H.A.16/ 1994/S.87/2013 dated 11th October 2013 imposed property tax on buildings and land within the limits of the concerned Municipal Corporation.

The Municipal Corporations were categorized as per A1 cities and A2 cities and had mentioned rates of property taxes for residential properties, commercial properties, industrial properties, institutional properties, vacant land and had mentioned special categories. The Notification had also mentioned certain rebates on that of the property taxes to be paid, subject to certain conditions.

In furtherance to the above, the Department has issued amendments to the notification in relation to the imposition of Property Tax on land and buildings within the Municipal Corporation.

Key Highlights of the Amendment:

  • For the assessment year of 2019-2020, a rebate of 10% on the property tax will be admissible to those who will deposit the property tax by 31st December 2019.
  • Now, while the earlier penalty of an interest at the rate of 1.5% per month or part thereof in case of late payment is maintained, the amendment allows a one-time waiver of interest on the dues and arrears of property tax pending since year 2010-11 to 2018-19 to all tax payers, if their arrears are paid upto 31.12.2019.

Source: Urban Local Bodies Department, Government of Haryana

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