BMC Issues Warning on Property Tax Payment Deadline

The Brihanmumbai Municipal Corporation (BMC) recently issued a warning concerning the payment of property tax dues for the fiscal year 2023-24. The deadline for payment has been set for May 25, and the BMC has emphasized that failure to meet this deadline could result in strict actions being taken against delinquent property owners.

BMC collected a significant sum of Rs 3,195 crore in property taxes during the previous fiscal year, indicating the importance of this revenue stream for the municipality's operations and services. To ensure that property owners are aware of their obligations and the consequences of non-compliance, the BMC's tax assessment and collection department has launched an extensive awareness campaign. This campaign utilizes various media platforms, including traditional media and social media channels, to reach as many property owners as possible.

Recognizing the need to facilitate the payment process, the BMC has also taken practical steps. Ward officer offices and citizens' facilitation centers are being kept open even on holidays, providing property owners with additional opportunities to settle their dues conveniently.

In a related development, the BMC has announced its intention to levy double property tax on shops and establishments that do not display signboards in Marathi language or Devnagari script. This measure, scheduled to take effect from May 1, underscores the BMC's commitment to enforcing compliance with local regulations.

While the BMC has not specified the exact actions it will take against property owners who fail to pay their dues by the deadline, it is clear that they are serious about ensuring compliance. Property owners in Mumbai are urged to adhere to the BMC's directives and make timely payments to avoid potential penalties or legal consequences.

Overall, the BMC's warning serves as a reminder to property owners of their responsibility to contribute to the city's infrastructure and services through timely payment of property taxes. Compliance with these regulations not only supports municipal operations but also ensures the well-being and development of the community as a whole.

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