Navi Mumbai offers property tax penalty waiver scheme

Navi Mumbai Municipal Corporation (NMMC) has introduced a special amnesty scheme for property tax penalties, running from March 1 to March 31. This initiative aims to boost tax collection for the fiscal year 2023-24. Taxpayers can receive a 75% penalty waiver if they pay their dues between March 1 and 20. A 50% waiver is available for payments made from March 21 to 31. Full payment of the original tax amount is required to qualify for these discounts. The scheme is voluntary, and taxpayers can apply online or at NMMC offices. As of now, NMMC has collected over Rs 530 crores in property tax, falling short of its Rs 801 crore target for the fiscal year.