Ahmedabad collects ₹834.8 crore in property tax under advance rebate scheme

The Ahmedabad Municipal Corporation (AMC) has collected ₹834.80 crore successful spot taxation nether its Advance Property Tax Rebate Scheme, which was successful effect from April 8 to May 31.  

A full of 5.98 lakh taxpayers availed themselves of the scheme, with implicit 4 lakh making payments online. As portion of the scheme, citizens paying their spot taxation successful beforehand were offered a rebate of 12 to 15%. Online payments unsocial contributed ₹519.26 crore, reflecting a increasing displacement toward integer transactions.

Zone-wise, the occidental portion topped the database with collections of ₹218.55 crore, followed by the north-western portion with ₹190.35 crore. The south-western portion contributed ₹123.76 crore, and the cardinal portion added ₹112.18 crore to the AMC's coffers.

Other contributions included ₹67.62 crore from the eastbound zone, ₹62.04 crore from the northbound zone, and ₹60.28 crore from the southbound zone. In summation to spot tax, AMC collected ₹44.89 crore successful assemblage taxation and ₹32.91 crore successful conveyance tax, bringing the full gross from each taxes to ₹924.78 crore.

In erstwhile years, the AMC has seen a dependable emergence successful spot taxation collections nether the Advance Property Tax Rebate Scheme. In 2023, the AMC collected astir ₹775 crore, with astir 5.5 lakh taxpayers participating successful the scheme, including 3.7 lakh online payments. The inclination has shown accordant maturation -- successful 2022, the gross stood astatine astir ₹700 crore, and successful 2021, during the highest of the pandemic, the fig was astir ₹650 crore, arsenic integer outgo adoption surged.

Zone-wise collections person typically followed a akin signifier implicit the years, with the occidental and north-western zones contributing the highest shares owed to higher spot values and taxation compliance rates successful those areas.

The rebate offered has mostly ranged betwixt 10% to 15%, incentivising aboriginal payments. Alongside spot tax, the assemblage taxation and conveyance taxation collections person besides accrued incrementally, contributing to the AMC’s increasing yearly gross from nonstop taxation.

(This communicative was taken from a syndicated provender and was lone edited for benignant by Gujarat Samachar Digital team)