亚博体育官网首页

Ghaziabad Civic Body Tax Default
ECONOMY & POLICY

Ghaziabad Civic Body Tax Default

The Ghaziabad civic body is yet to collect Rs 19 crore in property tax from numerous defaulters. The non-payment issue has become significant, with the Ghaziabad Municipal Corporation (GMC) now strategizing an action plan to address the backlog. Several defaulters, including commercial and residential property owners, have not settled their dues, causing a substantial financial strain on the municipality.

In a recent audit, the GMC discovered the extent of unpaid property taxes, which prompted a push for more stringent measures to recover the amount. The civic body plans to initiate a series of steps, including issuing notices to defaulters, penalties for continued non-payment, and potential legal actions to ensure compliance. Property tax, a crucial revenue source for local bodies, funds essential services like infrastructure maintenance, sanitation, and public health.

The delay in collection has hampered several development projects and routine municipal operations. The GMC has identified major defaulters and is prioritizing high-value recoveries to mitigate the financial gap. Public awareness campaigns are also being considered to educate citizens on the importance of timely tax payments.

To expedite the process, the civic body might employ digital platforms to track payments and streamline the collection process. This move aims to reduce manual errors and enhance transparency. The GMC emphasizes that the cooperation of property owners is vital for the efficient functioning of the city's services and overall development.

In response to the collection challenges, the Ghaziabad civic body seeks to balance stringent enforcement with community engagement, ensuring that residents understand the impact of their contributions. As the situation evolves, regular updates and communication from the GMC are expected to keep the public informed and involved in resolving this financial issue.

Ensuring the collection of outstanding property taxes is crucial for the GMC to sustain its services and planned projects. By implementing effective strategies and leveraging technology, the Ghaziabad civic body aims to overcome the current obstacles and secure the necessary funds for the city's growth and maintenance.

The Ghaziabad civic body is yet to collect Rs 19 crore in property tax from numerous defaulters. The non-payment issue has become significant, with the Ghaziabad Municipal Corporation (GMC) now strategizing an action plan to address the backlog. Several defaulters, including commercial and residential property owners, have not settled their dues, causing a substantial financial strain on the municipality. In a recent audit, the GMC discovered the extent of unpaid property taxes, which prompted a push for more stringent measures to recover the amount. The civic body plans to initiate a series of steps, including issuing notices to defaulters, penalties for continued non-payment, and potential legal actions to ensure compliance. Property tax, a crucial revenue source for local bodies, funds essential services like infrastructure maintenance, sanitation, and public health. The delay in collection has hampered several development projects and routine municipal operations. The GMC has identified major defaulters and is prioritizing high-value recoveries to mitigate the financial gap. Public awareness campaigns are also being considered to educate citizens on the importance of timely tax payments. To expedite the process, the civic body might employ digital platforms to track payments and streamline the collection process. This move aims to reduce manual errors and enhance transparency. The GMC emphasizes that the cooperation of property owners is vital for the efficient functioning of the city's services and overall development. In response to the collection challenges, the Ghaziabad civic body seeks to balance stringent enforcement with community engagement, ensuring that residents understand the impact of their contributions. As the situation evolves, regular updates and communication from the GMC are expected to keep the public informed and involved in resolving this financial issue. Ensuring the collection of outstanding property taxes is crucial for the GMC to sustain its services and planned projects. By implementing effective strategies and leveraging technology, the Ghaziabad civic body aims to overcome the current obstacles and secure the necessary funds for the city's growth and maintenance.

Next Story
Infrastructure Urban

3i Infotech Reports Rs 7.25 Bn Revenue for FY25

3i Infotech, a leading provider of digital transformation, technology services and technology solutions, announced its consolidated financial results for the fourth quarter and full year FY25, ended on March 31st, 2025. The company maintained its growth momentum, displaying consistent progress for the 3rd consecutive quarter.In Q4 FY25, 3i Infotech reported revenue of Rs 1.87 billion, reflecting steady performance compared to Rs 1.81 billion in Q3 FY25 and Rs 1.97 billion in Q4 FY24. The company delivered strong profitability improvements, with gross margin growing by 14.8 per cent Q-o-Q and 1..

Next Story
Infrastructure Urban

Emerald Finance Joins Baya PTE to Boost SME Bill Discounting

Emerald Finance is a dynamic company offering a spectrum of financial products and services including its flagship Earned Wage Access (EWA) in India, has entered into a strategic partnership with Singapore-based Baya PTE through its Indian subsidiary. This collaboration aims to strengthen bill discounting services for Small and Medium Enterprises (SMEs), enabling faster access to working capital and improved cash flow management.The initiative is designed to support SMEs that supply to large corporates such as JSW Steel, Delhivery, and PVR INOX, among others. By facilitating timely invoice dis..

Next Story
Infrastructure Urban

BLS E-Services Crosses Rs 5 Bn Revenue Mark in FY25

BLS E-Services, a technology-enabled digital service provider, announced its audited consolidated financial results for the quarter and full year period ended 31 March 2025.Speaking about the performance and recent updates, Shikhar Aggarwal, Chairman, BLS E- Services said, 鈥淲e are delighted to report a remarkable performance in FY25, as we achieved several milestones during the fiscal year. FY25 marked our highest-ever financial performance, as we surpassed Rs 5 billion milestone in Total Income during the year, which was reported at Rs 5.45 billion, a notable YoY growth of 76 per cent. The ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement