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Chandigarh: property tax exemption for widows, disabled, and defence personnel

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Chandigarh: Property Tax Exemption For Widows, Disabled, And Defence Personnel

Property tax from both commercial as well as residential properties is one of the major sources of revenue for Chandigarh Municipal Corporation. Last financial year, the civic body has collected around Rs.50 crore from property tax and expected Rs.52 crore for the current financial year.

The Union Territory administration has recently issued a notification and exempted widows, disabled, and defence personnel from paying property tax to the Chandigarh Municipal Corporation.

Last year in August, the civic body had passed a plan for 100% residential property tax exemption to defence personnel. This year, the Chandigarh Municipal Corporation also exempted defence personnel owing plots measuring less than 300 sq yards but more than 300 sq yards will have to pay only 50%.

The notification was issued on June 26 asserted that no tax shall be leviable on residential lands and buildings up to 300 sq yards owned and self-occupied (no portion is let out) by the widows and disabled persons.

The notification further asserted that no tax shall be leviable on residential lands and buildings up to 300 sq yards owned and self-occupied (no portion is let out) by persons who have served, or are serving, in any rank whether as a soldier or non-soldier in the naval, army or air force of the Union of India, for 300 sq yards, free and wholly exempted. For more than 300 sq yards, only 50% shall be charged.

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