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Chennai civic body proposes 20% discount to property tax defaulters

Dated on: Saturday 1st April 2023

A one-time 20% rebate has been proposed by the Greater Chennai Corporation for high-profile property tax defaulters who collectively owe the civic body more than 346 crore. However there are certain restrictions on the GCC's offer. Defaulters are only eligible for the concession if they pay all of their debts at once and do so within three months of the council enacting a resolution to that effect. At least 44,436 of the 1.12 lakh defaulters have not paid property tax for more than ten years, and they alone owe the GCC 245 crore. The programme, which has been submitted to the state government for approval, is aimed at those whose overdue accounts have been open for more than five years.

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