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The Times of India - Politics - News Image
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PoliticsApr 08, 2026 01:01 AM

Mumbai developers pour Rs 11,626 crore into BMC coffers in 2025-26, highest since Covid lockdown per...

Mumbai: City builders were the top revenue source for the BMC in 2025-26, paying premiums and development charges totalling Rs 11,626 crore. This revenue generated due to large-scale construction activity, mainly redevelopment of buildings, far surpasses BMC's highest-ever collection from property tax (Rs 7,610 crore) in the last financial year."The development plan department is the biggest revenue earner for the municipal corporation," said a civic official.This is the highest ever money colle ...Read More >

NewsDrum - Politics - News Image
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PoliticsApr 07, 2026 08:29 PM

MCD to map 1,511 unauthorised colonies under revamped PM-UDAY framework

New Delhi, Apr 7 (PTI) The Municipal Corporation of Delhi (MCD) has begun conducting aerial surveys to map and identify unauthorised colonies in Delhi under an integrated framework, which aims to regularise such areas on an "as is where is" basis and grant legal status to its residents. According to an official statement by MoHUA and the Delhi government, the MCD will now issue Certificates of Regularisation, conduct surveys of vacant plots, and facilitate civic infrastructure development acros ...Read More >

The Times of India - Business - News Image
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BusinessApr 03, 2026 11:47 PM

Belagavi property tax growth lags despite surge in buildings

Belagavi: Even as Belagavi city continues to expand rapidly, property tax (house rent) collection has failed to keep pace, raising concerns about the city corporation's financial management.As of March 31, the city had 1,65,958 properties spread across 58 wards. Officials estimate that 10,000 to 15,000 new properties are added every year. However, this growth has not translated into a proportionate rise in civic revenue.For 2025-26, the city corporation collected Rs 70.8 crore in property tax, o ...Read More >

Hindustan Times - Business - News Image
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BusinessApr 03, 2026 05:06 AM

MCD collects ₹3,116 crore in property tax, falls ₹400 cr short of target

New Delhi: The Municipal Corporation of Delhi has collected property tax worth ₹3,116 crore in 2025-26, running short of the ₹3,500 crore target set by the civic body. Overall 13,52,552 properties paid their taxes, however, a large section of Delhi still remains out of tax net as only a fraction of the number of properties pay property taxes in the city. MCD revenue of ₹3,116 crore was collected from 1,352,562 property tax payers in comparison to ₹2,132.89 crore received from 1,133,161 taxpaye ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 02, 2026 11:04 PM

Arrears Missing As Jagtial Tax Collections Dip

KARIMNAGAR: Officials of the Jagtial Municipality have come under criticism over allegations that high-value property tax arrears were removed from online records to improve collection performance at the close of the financial year. Data shows that against a total demand of Rs 14.01 crore across 27,821 assessments, the municipality collected Rs 7.36 crore, or 54 per cent, down from 65 per cent last year. Amid the shortfall, several non-paying assessments were allegedly deactivated on the portal ...Read More >

The Siasat Daily - Other - News Image
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OtherApr 02, 2026 11:00 PM

Seven booked for grabbing govt land in Hyderabad by faking info

Hyderabad: The Chandanagar Police arrested seven people who created fake documents to claim ownership of a government land belonging to the Social Welfare Department on Wednesday, April 1. The land has been handed over to the Hyderabad Disaster Response and Asset Protection Agency (HYDRAA) for protection. The case is concerning a piece of land owned by the Social Welfare Department in survey numbers 373, 374 and 375 at Gangaram in Chandanagar village of Serilingampally mandal in Rangareddy dis ...Read More >

Deccan Chronicle - Business - News Image
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BusinessApr 02, 2026 08:55 PM

Nellore Corporation Achieves Record ₹101 Crore Property Tax Collection

NELLORE: The Nellore Municipal Corporation has recorded its highest-ever property tax collection of Rs 101 crore for the financial year 2025-26, commissioner Y.O. Nandan said on Thursday. Addressing the media at the Command Control Centre, the commissioner said the civic body has steadily improved its revenue performance over the past three years, with collections rising from ₹74 crore in 2023-24 to Rs 86 crore in 2024-25. In addition, the Corporation collected ₹12 crore as vacant land tax and ...Read More >

Abtak.com - Politics - News Image
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PoliticsApr 02, 2026 08:34 PM

Lok Sabha passes Jan Vishwas Bill 2026, decriminalises hundreds of minor offences

‎Minister of State for Commerce and Industry Jitin Prasada moved the bill for consideration and passage, with the government highlighting the need to reduce compliance burdens while ensuring proportionate enforcement. The Lok Sabha on Wednesday approved the Jan Vishwas (Amendment of Provisions) Bill, 2026, advancing the government's push to decriminalise minor offences and promote a trust-based governance model aimed at improving ease of living and doing business. The legislation removes crimi ...Read More >

ETRealty.com - Business - News Image
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BusinessApr 02, 2026 07:07 PM

Visakhapatnam civic body collects ₹620 crore in property tax for FY26

Greater Visakhapatnam Municipal Corporation (GVMC) achieved a significant 22% increase in property and vacant land tax collection, reaching Rs 620 crore for 2025-26. This surge, driven by expanded tax bases and focused vacant land assessments, surpassed initial targets. Enhanced administrative efforts and a 50% interest waiver also contributed to the impressive revenue growth. VISAKHAPATNAM: The Greater Visakhapatnam Municipal Corporation (GVMC) collected Rs 620 crore in property and vacant lan ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 02, 2026 01:03 PM

Pune Municipal Corporation Misses Revenue Target By Rs 3,400 Crore, Concerns Over Property Tax And P...

Pune: The Pune Municipal Corporation (PMC) has fallen short of its revenue target for the financial year 2025-26. The municipal corporation earned around Rs 9,200 crore against a target of Rs 12,600 crore, leaving a gap of nearly Rs 3,400 crore. Officials noticed that the biggest shortfall came from the building permissions department. It collected Rs 2,341 crore against a target of Rs 2,853 crore. This is a drop of about Rs 500 crore. In comparison, the department had exceeded its targets in t ...Read More >

Free Press Journal - Politics - News Image
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PoliticsApr 02, 2026 11:51 AM

Mumbai: K-East In Andheri Tops BMC Property Tax List As City Records Highest-Ever Collection Of ₹7,6...

Mumbai: The Brihanmumbai Municipal Corporation (BMC) recorded its highest-ever property tax collection for the financial year 2025-26, crossing Rs 7,610 crore and surpassing its revised target of Rs 7,341 crore. The civic body achieved 103.7 per cent of its target, driven by strong recoveries and improved compliance. Among the top contributors, the K-East ward, covering Andheri East, emerged as the highest property taxpayer with collections of Rs 719.2 crore. It was followed by G-South ward, wh ...Read More >

ETRealty.com - Business - News Image
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BusinessApr 02, 2026 09:16 AM

Gurugram civic body collects over ₹350 crore in property tax in FY26

Gurugram Municipal Corporation (MCG) collected over Rs 350 crore in property tax and Rs 56 crore in water bills for the 2025-26 financial year. Offices remained open on a holiday to facilitate last-minute payments, with arrangements made for senior citizens. GURUGRAM: MCG collected more than Rs 350 crore in property tax and about Rs 56 crore as water bills during the 2025-26 financial year. Officials said MCG offices saw heavy footfall from early morning on Tuesday as people arrived to pay pen ...Read More >

The Hans India - Business - News Image
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BusinessApr 02, 2026 07:54 AM

GMC collects Rs 155 cr property tax

Guntur: The Guntur Municipal Corporation collected Rs 9 crore property tax in a single day on March 31, securing the second position among municipal corporations in the state. According to official sources, while the total property tax collections for the previous financial year stood at Rs 152.14 crore, the current year has already surpassed this figure, reaching Rs 155.20 crore so far. In addition, GMC has recorded significant progress in media device display fee collections. Against a total ...Read More >

Free Press Journal - Other - News Image
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OtherApr 01, 2026 09:35 PM

Mumbai News: BMC Records ₹7,610 Crore Property Tax Collection In FY26, Surpasses Target With Histori...

Mumbai, April 1: Despite legal complexities, exemptions for 500 sq. ft. properties since 2022, and substantial revenue stuck in litigation, the BMC has exceeded its property tax collection target with a record-breaking performance. The Assessment and Collection (A&C) Department collected Rs 7,610.90 crore in the financial year 2025-26, surpassing the revised target of Rs 7,341 crore and setting a new all-time high. Notably, Rs 399.74 crore was collected in a single day on March 31, 2026, the hi ...Read More >

NewsDrum - Politics - News Image
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PoliticsApr 01, 2026 09:17 PM

MCD's property tax collection crosses Rs 3,100 crore in FY26

New Delhi, Apr 1 (PTI) The Municipal Corporation of Delhi (MCD) has recorded a 46 per cent rise in property tax collection in 2025-26, due to improved compliance, enforcement measures and the property amnesty scheme. According to an official statement issued by the civic body on Wednesday, property tax collection surged 46.12 per cent to Rs 3,116.62 crore in FY26 from Rs 2,132.89 crore collected in the previous financial year. The number of taxpayers increased 19.36 per cent to 13,52,562 in 20 ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 01, 2026 08:59 PM

Kalyan Civic News: KDMC Collects ₹432 Crore Property Tax, Achieves 86 Per Cent Of FY26 Target

Kalyan, April 1: The Kalyan-Dombivli Municipal Corporation (KDMC) has posted an impressive performance in property tax recovery for FY 2025-26, garnering Rs 432.41 crore as of March 31, 2026, about 86% of its Rs 500 crore target, underlining a steady uptick in civic revenue mobilisation. Key revenue driver and administrative push Property tax continues to be the corporation's principal revenue stream, critical for underwriting infrastructure upgrades and delivery of essential civic services ac ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 01, 2026 08:51 PM

Navi Mumbai News: NMMC Records ₹876 Crore Property Tax Collection In FY26, Highest Ever Recovery

Navi Mumbai, April 1: The Navi Mumbai Municipal Corporation (NMMC) has recorded its highest-ever property tax collection of Rs 876 crore in the financial year 2025-26, due to strong taxpayer response, an amnesty scheme, and a technology-led recovery campaign. Record collection and amnesty scheme The record collection, achieved between April 1, 2025 and March 31, 2026, marks the highest annual recovery since the civic body's inception. Officials said the surge was aided by the 'Abhay Yojana' im ...Read More >

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PoliticsApr 01, 2026 08:32 PM

Delhi records surge in property tax collection, driven by SUNIYO scheme

New Delhi, April 1 (UNI): Municipal Corporation of Delhi (MCD) has reported a record-breaking rise in property tax collection for the financial year 2025-26, signaling improved compliance and stronger enforcement. According to official data, the civic body collected Rs 3,116.62 crore by March 31, marking a significant 46.12% increase compared to Rs 2,132.89 crore in the previous financial year. Officials credited the achievement to administrative reforms and leadership under Delhi Mayor Raja I ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 01, 2026 07:45 PM

Thane Municipal Corporation Records ₹878 Crore Property Tax Collection In FY26, Achieves 96 Per Cent...

Thane, April 1: The Thane Municipal Corporation (TMC) has achieved a landmark milestone by collecting a record ₹878.37 crore in property tax for the financial year 2025-26. This impressive figure represents 96% of the ₹915 crore target set by the administration, marking a significant growth of ₹68.37 crore compared to the previous fiscal year. Digital payments drive collection Mayor Sharmila Pimpolkar and Municipal Commissioner Saurabh Rao extended their gratitude to the citizens of Thane for ...Read More >

Free Press Journal - Politics - News Image
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PoliticsApr 01, 2026 07:00 PM

Nashik: NMC Clears ₹25 Cr Tree Authority Budget; ₹12.10 Cr Earmarked For New Tree Plantation And Pro...

Nashik: The Standing Committee of the Nashik Municipal Corporation has presented the Rs 25 crore budget for the Tree Authority to the General Body in its entirety, without making any changes to the draft submitted by the Municipal Commissioner. This budget includes a provision of Rs 12.10 crore specifically for new tree plantation and tree protection. By increasing the Municipal Corporation's original budget by Rs 457 crore, the Standing Committee revised the initial budget of Rs 3,011.85 crore ...Read More >

Abtak.com - Business - News Image
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BusinessApr 01, 2026 03:34 PM

Pay property tax by March 31 or face 18% interest: MCG

The Municipal Corporation of Gurugram (MCG) has urged property owners to clear their dues within the next three days, with March 31 marking the deadline for property tax payment for the current financial year, officials said. Civic officials said that once the new financial year begins, an interest of 18% per annum will be levied on pending dues, significantly increasing the financial burden on defaulters. Property owners who have not yet paid their taxes have been advised to do so before the d ...Read More >

Free Press Journal - Politics - News Image
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PoliticsApr 01, 2026 03:25 PM

Pune: PCMC Uncovers BJP Office Property Tax Dues In Pimpri-Chinchwad, Party Pays After Notice

Pimpri-Chinchwad: The issue of pending property tax dues of the Bharatiya Janata Party's (BJP) central public relations office in Pimpri-Chinchwad has been resolved after the outstanding amount was paid to the municipal corporation on Tuesday (31st March). The payment came soon after a news report highlighted the pending dues, prompting swift action from the ruling party. Officials confirmed that the arrears were cleared within the deadline set by the civic administration. The matter had recen ...Read More >

The Siasat Daily - Business - News Image
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BusinessApr 01, 2026 01:48 PM

Hyderabad sees highest property tax collection in 2025-26

Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) has achieved its highest-ever property tax collection of Rs 2,501.25 crore in the financial year 2025-26. As per GHMC Commissioner R V Karnan, the record collection was completed as the financial year deadline ended at 8 pm on March 31. Between December 2025 and March 2026, GHMC witnessed the highest collection after the introduction of the government's One-Time Scheme. For the financial year 2026-27, the commissioner encouraged ta ...Read More >

The Hans India - Other - News Image
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OtherApr 01, 2026 09:21 AM

Avail early bird property tax discount

Hyderabad: Greater Hyderabad Municipal Corporation Commissioner Karnan has urged residents to take advantage of the Early Bird Scheme by paying property tax in advance for 2026 to 2027. An announcement to this effect was issued on Tuesday. He stated that those who pay the entire property tax for the current financial year in advance during April will receive a five per cent discount. However, he clarified that this discount will not be applicable on arrears from previous years. Commissioner Ka ...Read More >

The New Indian Express - Business - News Image
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BusinessApr 01, 2026 07:45 AM

MCD extends deadline for property tax amnesty scheme until April 30

NEW DELHI: Announcing that the property tax amnesty scheme has been extended till April 30, Delhi Mayor Sardar Raja Iqbal Singh on Tuesday urged all eligible taxpayers to take advantage of the SUNIYO scheme. "In view of the positive response and appreciation from citizens, the property tax amnesty scheme 2025-26, Sumpattikar Niptaan Yojana (SUNIYO), has been extended until April 30," he said, adding, "We appeal to all property owners and occupiers to make full use of this valuable opportunity u ...Read More >

Abtak.com - Business - News Image
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BusinessApr 01, 2026 07:33 AM

Punjab industrial reforms approve leasehold to freehold conversions with 5 per cent fee

The Punjab government has approved industrial reforms to simplify converting leasehold industrial plots and sheds into freehold. Cabinet Minister Sanjeev Arora said the conversion fee is set at 5 per cent, with a one-time stamp duty exemption for conversions completed by 30 April 2026. Measures also streamline documentation and post-allotment services. The Punjab government cleared a set of industrial reforms that changed how industrial plots and sheds were managed. Cabinet Minister Sanjeev Aro ...Read More >

Abtak.com - Politics Business - News Image
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PoliticsBusinessApr 01, 2026 07:33 AM

Telangana Officials Block Petrol Pump Over Unpaid Municipal Tax

Municipal authorities say repeated notices went unanswered, leading to the blockade. ShowQuick Read Summary is AI-generated, newsroom-reviewed * Tandur officials blockaded a petrol station over Rs 82,000 unpaid municipal dues * Telangana municipalities face over Rs 3,000 crore in property tax arrears currently * GHMC sealed 100+ commercial properties for defaulting on property tax payments Did our AI summary help? Let us know. Switch To Beeps Mode Vikarabad: In a dramatic effort to enf ...Read More >

ETRealty.com - Politics - News Image
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PoliticsApr 01, 2026 07:27 AM

Delhi civic body extends deadline for property tax amnesty scheme till April 30

NEW DELHI: The Municipal Corporation of Delhi has extended the last date of availing the Property Tax Amnesty Scheme 2025-26 till April 30, the Delhi Mayor said on Tuesday. Announcing the extension, Mayor Raja Iqbal Singh said the decision was taken in view of the positive response from citizens and to allow more taxpayers to settle their pending dues under the Sumpattikar Niptaan Yojana (SUNIYO) scheme. He urged property owners and occupiers to make use of the scheme, describing it as a "gold ...Read More >

The Times of India - Business - News Image
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BusinessApr 01, 2026 06:24 AM

Punjab revamps policy to streamline freehold conversions

Chandigarh: The Punjab govt has approved major reforms to its existing policy to streamline the conversion of industrial plots and sheds from leasehold to freehold status, industries minister Sanjeev Arora said on Tuesday.The amended policy fixes the conversion fee at 5% and offers a 100% stamp duty exemption for all conversions completed by April 30, 2026.To expedite the transition, the govt has simplified documentation by replacing notarised affidavits with self-declarations and allowing bank ...Read More >

Free Press Journal - Business - News Image
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BusinessApr 01, 2026 03:06 AM

Mumbai News: BMC Gets Nod To Apply CVS Retrospectively From 2010, Targets ₹252 Crore Dues From Hoard...

Mumbai, March 31: A state government amendment now allows the BMC to apply the Capital Value System (CVS) from 2010, helping it recover long-pending dues. Earlier, properties taxed on plot "potential" and many hoarding companies paid only 50% tax due to ongoing court cases. With this change, the BMC can now collect the remaining dues, estimated at Rs 252 crore from these companies. Background of tax dispute As per civic data, a total of 1,696 hoardings -- both small and large, including regul ...Read More >

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