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The Ludhiana Municipal Corporation is intensifying efforts to meet its property tax collection goal before the fiscal year ends. The original INR 200 crore target was lowered to INR 154 crore, with INR 134 crore collected so far. Officials are contacting defaulters and warning of penalties doubling from 10% to 20% plus interest for non-payment. Despite these measures, many property owners remain reluctant, hoping for a one-time settlement. Mayor Inderjit Kaur has urged citizens to pay taxes to support civic services. The drive's success will shape next year's INR 160 crore tax target and municipal funding.
The municipal corporation in Ludhiana is making efforts to reach its property tax collection goal with just a few days remaining in the fiscal year. While the initial aim was INR 200 crore, it has already been lowered to INR 154 crore, with INR 134 crore collected thus far. To overcome the deficit, officials have increased recovery operations by texting and contacting defaulters, pushing them to pay their bills. Those who fail to comply will face a penalty rate that doubles from 10% to 20% plus interest. Advertisement
Despite these safeguards, many property owners are hesitant to pay, expecting a one-time settlement akin to earlier government relief plans for industrial site fees. A civic official, speaking anonymously, indicated that while authorities are making every effort, particularly targeting wealthy taxpayers, citizens are not coming forward freely.
The battle to reach property tax objectives is not new. Last year, the municipal corporation received INR 138 crore, up from INR 122.5 crore in the previous fiscal year. However, with over 25,000 property owners defaulting on payments in recent years, the local body continues to encounter challenges in tax recovery.
Mayor Inderjit Kaur has also issued an online plea, imploring people to pay their dues for the city's growth. She underlined that the municipal corporation can only offer critical services if citizens pay their taxes. The budget for next year proposes collecting INR 160 crore in property taxes, but meeting that goal is dependent on the success of this year's efforts.
Ludhiana's municipal corporation is racing against time to recover pending property taxes, but persistent delays from defaulters remain a challenge. While recovery efforts have improved over the years, shortfalls continue to strain municipal finances. The outcome of this drive will not only impact immediate revenues but also shape the city's ability to fund crucial civic services in the year ahead.
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