Hey friend,
Until recently, I had the same query as you. My sister then decided to educate me on the amnesty scheme for property tax and how it impacts our life. Paying taxes is an excusable part of our lives. In recent years, various schemes have been introduced to help people with paying taxes. This is one of them. If you want to know more, continue reading.
What is tax amnesty ?
Tax amnesty is an opportunity for tax defaulters, where they get to write off their pending and existing tax liabilities by paying a specified amount. This opportunity is offered for a limited time period.
What is the tax amnesty program ?
The Government of India introduced an estate tax amnesty scheme in the year 2016. It is an opportunity for people who have defaulted in paying their taxes/ evaded the tax amount to pay their taxes without any criminal prosecution. They will have to pay a defined amount in the given time period and their existing tax evasion record will be wiped off. People can become tax-compliant this way.
In the latest news, many state Municipal Corporation have extended the date of
amnesty scheme for property tax till mid February. If you are a defaulter, I would recommend, you pay your taxes today and turn over a new leaf.
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Read more :
Explain the object,types and importance of municipal tax
How to pay MCG property tax online?
How to pay NDMC property tax online?
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What is the tax amnesty program ?
karan
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2022-02-07T22:45:51+00:00 2022-02-07T22:45:53+00:00Comment
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