Mohali MC collects ₹20 crore under property tax OTS scheme
Municipal commissioner Parminder Pal Singh Sandhu, while sharing the details, said that the revenue generated this year represents a nearly threefold increase compared to last year's total. 'This significant rise in collection reflects both the public's positive response to the scheme and the hard work of our teams on the ground,' he said.
Dr Sanjeev Kamboj, medical officer of health and in-charge of the property tax branch, praised the MC staff for their tireless efforts. According to him, teams worked extended hours, including late nights on the final two days, to accommodate the surge in taxpayers. 'Our staff's dedication was extraordinary. Many of them worked until midnight to ensure no citizen was left unattended,' Kamboj said.
Notably, a large number of commercial property owners came forward to settle their outstanding dues, setting a positive example for civic responsibility.
Commissioner Sandhu expressed deep appreciation for both the MC staff and local residents. 'The overwhelming support from citizens has made this campaign a resounding success,' he said.
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Time of India
5 hours ago
- Time of India
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However, there is a sense of cautious optimism regarding the upcoming industrial policy in the state, which the Punjab government aims to finalise by November this a recent event, Punjab's Industries Minister Sanjeev Arora stated that the upcoming industrial policy is designed to enhance the state's appeal as an attractive investment hub. The government is setting up sector-specific committees to develop the policy framework as part of this initiative. These committees will offer targeted recommendations across various key sectors, including textiles, IT, sports goods, bicycles, automobiles and components, heavy machinery, electric vehicles, renewable energy, food processing, steel, chemicals, tourism and hospitality, film and media, pharmaceuticals, retail, and state government has formed 24 sector-specific committees, each comprising 8 to 10 industry experts and headed by a designated chairperson. These committees, with a tenure of two years, will function as advisory bodies to the government, offering insights into sector-specific needs and suggesting relevant policy to Dilpreet Singh Boparai, General Secretary of Mohali Industries Association (MIA), MSMEs in Punjab face several challenges that impact their growth and competitiveness. Some key issues that need government attention, particularly high-interest rates that hinder MSMEs from securing funding for their operations and growth.'We are hopeful that the state government will reconsider the 0.25% stamp duty imposed on the loan amount for loans sanctioned by banks or loan crediting companies earlier this year in January and February. This added cost places an additional burden on MSMEs, which are already grappling with limited access to affordable funding. 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Time of India
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Indian Express
a day ago
- Indian Express
OTS scheme for property tax extended till August 15
Providing another opportunity to residents to clear their outstanding property tax dues without penalty and interest, the Punjab government has extended the One-Time Settlement (OTS) scheme till August 15. Deputy Commissioner Komal Mittal said, 'The OTS scheme, which was earlier effective from July 1 to 31, received an overwhelming response from residents. As a result, the Municipal Councils in Mohali district have collectively collected Rs 21.85 crore in pending property tax dues till August 1.' 'Zirakpur Municipal Council led the collections by depositing Rs 13.59 crore, followed by Kharar Rs 3.75 crore, and Dera Bassi securing the third position with Rs 2.26 crore,' she said. Among the remaining municipal councils, Lalru collected Rs 82.98 lakh, Kurali Rs 55.2 lakh, Naya Gaon Rs 52.95 lakh, Banur Rs 34.05 lakh and Gharuan Rs 41,000, she said. Appealing to the residents, who have yet to take advantage of the OTS scheme, the DC urged them to promptly visit their respective municipal council offices and clear their outstanding property tax dues before the extended time.
