Chandigarh, April 5 -- With the Election Commission of India allowing the Chandigarh municipal corporation to grant rebate on property tax payments for financial year 2024-25, the civic body on Thursday issued a public notice, inviting assessees to pay tax with rebate from April 5.

Like every year, people can pay their property tax with 20% rebate for residential properties and 10% rebate for commercial properties on complete property tax payment for the fiscal till May 31. After the rebate period ends on May 31, a 25% penalty and interest at 12% per annum will be levied on the due tax from the date of issue of the tax bill to the date of actual payment.

With the model code of conduct in force ahead of the Lok Sabha elections, the civic...