SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%

Canara Bank: RLLR: 8 | 7.15% - 10%

ICICI Bank: RLLR: -- | 8.5% - 9.65%

Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%

Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%

Federal Bank: RLLR: -- | 8.75% - 10%

IndusInd Bank: RLLR: -- | 7.5% - 9.75%

Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%

Yes Bank: RLLR: -- | 7.4% - 10.54%

Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Location : Salem

Salem Civic Body unveils lucrative incentive program for timely property tax payments

06 Oct 2023

Salem Municipal Corporation (SMC) in India has introduced a 5% incentive or a Rs 5,000 discount for property taxpayers who pay their dues on or before October 31, as announced by Commissioner S Balachander. The deduction applies differently based on the property tax amount: those exceeding Rs 1 lakh receive a flat Rs 5,000 deduction, while those below Rs 1 lakh enjoy a 5% reduction. This move aligns with the state government's initiative to encourage timely tax payments, promoting financial compliance and municipal revenue collection for the latter half of the 2023-24 fiscal year.Read more

#Taxation & Finance News#Salem