Srinagar: Jammu and Kashmir administration has put on hold imposition of property tax keeping in view the forthcoming elections to the Urban Local Bodies-Municipal Corporations, Municipal Councils and Municipal Committees.
The last amendment in the proviso was made on August 30, 2023 when the last date for payment of property tax and filing of return was extended till September 30, 2023.
In exercise of the powers conferred by Section 71-A of the Jammu and Kashmir Municipal Act, 2000 and Section 143-A of the Jammu and Kashmir Municipal Corporation Act, 2000, the Government hereby directs that in provision to Rule 5 of the Jammu and Kashmir Property Tax (Municipal Corporation and Other Municipalities) Rules, 2023 for the figures and words “30th September, 2023” the words “such date as the Government may notify” shall be substituted, read the notifications issued vide SOs 505 and 506, respectively.
The Jammu and Kashmir Property Tax (Municipal Corporation and Other Municipalities) Rules, 2023 were notified vide two different notifications dated February 21, 2023 in exercise of the powers conferred by Section 143A of the Jammu and Kashmir Municipal Corporation Act, 2000 and Section 71-A of the Jammu and Kashmir Municipal Act, 2000 for levy, assessment and collection of Property Tax in the Municipal Corporations, Municipalities and Municipal Councils of the Union Territory.