GCC: Pay property tax before Oct 15 to get 5% incentive

CHENNAI: The Greater Chennai Corporation requested property owners to pay the property tax for the second half of the year due by October 15 and receive 5 per cent of the incentive amount.

"During the first half of the financial year 2022-2023, the civic body has collected a total of Rs 696.97 crore as property tax. On September 30, the last day to pay the tax, the owners paid a sum of Rs 55.30 crore," stated an official GCC release.

Those who pay the property tax within the first 15 days, will be given an incentive amount of 5 per cent or a maximum of Rs 5,000. Now, the property owners have to pay their second half-yearly property tax for the year 2022-23 from October 1.

In the last 10 days (October 1-10), out of 13 lakh property owners, the GCC collected a sum of Rs 50.16 crore from 4 lakh owners as property tax A total of Rs 1.25 crore was given as an incentive to property owners who have paid property tax so far.

"People can pay property tax through any of the following methods. In the name of the Revenue Officer, Chennai Corporation, cheque and draft, credit or debit card. They can get the receipt for the payment. They can also pay using the QR code on the receipt provided by GCC," noted the statement.

Property tax can also be paid through the official website www.chennaicorporation.gov.in, without charge (nil transaction fee). It shall be paid through the selected banks, Paytm, Namma Chennai mobile applications, and Bharat Bill Payment System (BBPS).