MUMBAI: The Brihanmumbai Municipal Corporation (BMC) has decided to give rebate in the property tax bills of people who pay early.
This early bird incentive was planned for a long time, but was cleared by the civic standing committee on Wednesday.
The BMC said that they will give an incentive between 4-1 percent depending on how soon the bills are paid.
If the first six monthly bills are paid by June 30, then the residents will get a rebate of 2% and the next six monthly paid by June 30, 2015 then they will get a rebate of 4%,
If the bills are paid by July then there is 1% rebate on the total bill amount.