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SDMC extends 100 per cent waiver on interest, penalty

SDMC extends 100 per cent waiver on interest, penalty

New Delhi: SDMC on Tuesday extended the benefit of 100 per cent waiver of interest and 100 per cent penalty under Amnesty Scheme to all type of properties in all type of colonies providing substantial relief to the property tax assesses. A resolution moved by Standing Committee Chairperson Shikha Rai.

This scheme will also be applicable to the Property Tax assesses in villages and unauthorized colonies. The Chairman Standing Committee, Smt. Rai stated that under this Amnesty Scheme those property holders will become entitled for 100 per cent waiver of the amount relating to interest, penalty and other charges on making up-to-date payment of outstanding dues by March 31. She further stated that the scheme will include the owners of all those properties, who have not submitted tax return from April 1, 2004, or not submitted return on regular basis or the owners whose assessment has not been done from 2004. She said that assesses will be benefited with waiver of interest, penalty and other charges amount on payment of their due amount of property tax by March 31, 2019.

Leader of House, Kamaljeet Sehrawat said that under this amnesty scheme those assesses will get relief who have not been able to make payment of their property tax in time due to their financial difficulties. This scheme is applicable to all assesses and also those assesses who have been avoiding payment of property tax because of hefty amount of interest and penalty, hence they will also be benefitted with scheme.

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