Advertisement
The Patna Municipal Corporation (PMC) has rolled out a relief scheme allowing property owners to clear overdue municipal tax by paying only the principal - all interest and penalties will be waived. The scheme, approved under the Bihar Municipal Property Tax Incentive Scheme - 2025, offers a one-time settlement (OTS) option for dues from the current and prior years. It applies to residential, commercial, industrial, institutional properties, and even those owned by state or central government. Pending legal cases or unassessed properties are also eligible, provided formal withdrawal or assessment is completed. PMC has cautioned that any falsification or concealment of facts will lead to cancellation of waiver benefits.
PMC has announced that the new scheme offers complete waiver of interest and penalties on outstanding property-tax dues with effect from now till March 31, 2026. Property owners wanting to settle dues must remit only the principal amount in one lump-sum payment. The waiver covers all categories of properties - residential, commercial, industrial, institutional - and extends to properties owned by state or central government. Even owners with dues under litigation are eligible, provided they furnish written proof that they have withdrawn their cases. Properties yet to undergo self-assessment for holding numbers likewise qualify, subject to assessment as per PMC standards. Advertisement
PMC described the scheme as a one-time opportunity aimed to resolve long-pending tax liabilities across the city. The waiver comes under the framework of a one-time settlement policy, hoping to clear backlog of dues and improve compliance.
While the waiver simplifies settlement for defaulters, PMC has put in place strict conditions. Every application will be verified, and any attempt to mislead or hide facts will lead to cancellation of the waiver and further action under law. Taxpayers are urged to submit accurate information and avail the waiver transparently. Payment options have been streamlined - online portal, WhatsApp chatbot, or direct submission at PMC offices - to facilitate ease of regularisation.
The waiver scheme could unlock substantial pending revenue for PMC and relieve financial burden on property owners, especially those carrying long-overdue dues. For many defaulters - residential, commercial or institutional - it offers a clean slate: pay what you owe and avoid penalties. Moreover, bringing court-pending or unassessed properties into the tax net might widen compliance base. For PMC, this could improve collection efficiency and reduce administrative burden related to prosecutions or legal disputes.
By introducing a full waiver of interest and penalties on outstanding property-tax dues, PMC has extended a clear window for owners to regularise their liabilities by paying only the principal amount. The move, under the state-sanctioned waiver scheme, broadens eligibility to include a wide range of properties - from private residences to government holdings - and even settles long-pending litigations and unassessed dues if processed appropriately. This one-time settlement initiative offers a strategic reset: property owners get relief from accumulating interest and penalties, while the civic body stands to recover dues more effectively and streamline its revenue stream.
5th Jun, 2025
25th May, 2023
11th May, 2023
27th Apr, 2023
Advertisement
Facebook
Whatsapp
