5% property tax discount for paying tax before October 31

The Corporation has announced 5% discount successful spot taxation for those who wage the taxation earlier October 31.

Interestingly, this inducement is not applicable for those who person already paid the ‘second fractional spot tax’ for the play betwixt October 1, 2025 and March 31, 2026 by September 30, 2025.

In a statement, Corporation Commissioner Monika Rana said spot owners, who person to wage the spot taxation for the 2nd fractional betwixt October 1, 2025 and March 31, 2026 should wage the taxation instantly alternatively of waiting for the deadline. Those who wage the 2nd fractional play spot taxation betwixt October 1, 2025 and October 31, 2025 volition beryllium fixed the discount of 5% arsenic an inducement to promote the taxpayers.

At the aforesaid time, punishment of 1% volition beryllium collected from the taxpayers paying the taxation aft the deadline of March 31, 2026.

Apart from paying the taxes straight successful the Corporation’s taxation postulation centres, online outgo via www.tnurban.epay tin besides beryllium made, Dr. Monika Rana said.