Close Menu
Invest Insider News
    Facebook X (Twitter) Instagram
    Saturday, September 5
    Facebook X (Twitter) Instagram Pinterest Vimeo
    Invest Insider News
    • Home
    • Bitcoin
    • Commodities
    • Finance
    • Investing
    • Property
    • Stock Market
    • Utilities
    Invest Insider News
    Home»Property»Pay property tax in advance, get up to 15% rebate in 2025-26
    Property

    Pay property tax in advance, get up to 15% rebate in 2025-26

    February 14, 20252 Mins Read


    Pay property tax in advance, get up to 15% rebate in 2025-26

    Ahmedabad: The standing committee of the Ahmedabad Municipal Corporation (AMC) on Friday announced that citizens paying property tax in advance can avail a rebate of up to 15% for the year 2025-26.
    The decision was made while approving the civic body’s Rs 15,502 crore budget for 2025-26. According to AMC, the advance payment rebate increased to 12% from the current 10%. Citizens can receive additional discounts — 1% for online payments and 2% if they have paid advance tax online for the last three consecutive years. In 2024-25, the AMC provided a 10% rebate for advance property tax payments with an additional discount of 2% for online payments for the past three years and 1% for online transactions.
    The advance property tax payments will commence in April and continue throughout the scheme’s duration as decided by the civic body officials. In the next year’s budget, the AMC anticipates advance tax collections to be in the range of Rs 800 to 900 crore, with expected discounts ranging from Rs 100 to 125 crore.
    In 2024-25, the advance property tax scheme operated from April 9 to May 31, 2024, with a collection of Rs 770 crore from 5.82 lakh taxpayers. The AMC gave away a total discount of Rs 80 crore.
    The 2025-26 budget approved by the standing committee maintains current vehicle and property tax rates without increases. Existing concessions continue, including 70% property tax relief for trust-operated hospitals or clinics in corporation-owned buildings, and similar relief for charitable trust-run physiotherapy centres. Total exemption from vehicle tax for electric vehicles continues unchanged.





    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Previous ArticleLe géant Barclays investit 131 millions de dollars dans l’ETF Bitcoin de BlackRock
    Next Article The UK city just named ‘best’ to invest in property – as experts issue stamp duty warning | UK | News

    Related Posts

    Property

    LaSalle Adds £300m-Plus Commitment as UK Property Mandate Reaches £1bn

    September 3, 2026
    Property

    UK Property Market Trends to Watch in 2023

    September 3, 2026
    Property

    China’s Shift From Housing Market Pre-Sales Leaves Millions Stuck Paying for Unfinished Units

    September 3, 2026
    Leave A Reply Cancel Reply

    Top Posts

    How is the UK Commercial Property Market Performing?

    December 31, 2000

    How much are they in different states across the US?

    December 31, 2000

    A Guide To Becoming A Property Developer

    December 31, 2000
    Stay In Touch
    • Facebook
    • YouTube
    • TikTok
    • WhatsApp
    • Twitter
    • Instagram
    Latest Reviews
    Utilities

    Who pays for the AI boom? Utilities discuss smarter rate design, interconnection approaches

    June 2, 2025
    Stock Market

    Stock Market: Sensex slips 213 pts, Nifty below 25,850; Tata Motors (CV) slides 3%

    November 12, 2025
    Investing

    EUR/USD at a Tipping Point: Key Levels to Watch Ahead of CPI Print

    August 12, 2025
    What's Hot

    S&P 500 Dow Jones Nasdaq US stock market: US stock market forecast before US election 2024 results: S&P 500, Dow Jones, Nasdaq to be driven by these factors

    October 26, 2024

    Bitcoin Falls To $110,000 As Corporate Adoption Hits Highs

    October 15, 2025

    Four-bed Tudor mansion boasting stunning lake views hits the market for £3.8m

    August 10, 2024
    Most Popular

    Barclays to sell its commodities trading to focus on banking arm | Barclays

    April 21, 2014

    Dow rises, S&P 500 and Nasdaq under pressure as key ADP jobs data shows weakness

    December 3, 2025

    Utility Trusted Business Partners Prioritize Small Business

    July 11, 2024
    Editor's Picks

    Responsible AI in finance: where automation ends and judgment begins

    June 16, 2026

    London stocks open higher despite Friday the 13th jitters

    February 12, 2026

    This market frenzy occurs every 25 years. The aftermath is rarely pretty

    September 6, 2025
    Facebook X (Twitter) Instagram Pinterest Vimeo
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions
    © 2026 Invest Insider News

    Type above and press Enter to search. Press Esc to cancel.