Ludhiana, March 31, 2026 – Residents of Ludhiana are reminded that today is the final day to pay their property tax for the current financial year. Property owners who miss the deadline will be subject to a 20% penalty and an 18% interest on the outstanding amount, effective from tomorrow.
Municipal Offices Open on Holidays
To facilitate taxpayers, municipal offices in Ludhiana will remain open even on holidays. Authorities are urging citizens to take advantage of this and clear their dues to avoid additional financial burdens. A senior official from the Ludhiana Municipal Corporation said, “We understand that many people may not be able to pay on regular days. Hence, our offices will remain operational today, ensuring taxpayers can settle their bills without hassle.”
Penalty and Interest Details
According to municipal regulations:
- A 20% penalty is levied on overdue property tax.
- An 18% annual interest rate is applied to the pending amount starting from the day after the deadline.
These measures are part of the city’s efforts to ensure timely collection of revenue required for civic services and infrastructure development.
Citizens Urged to Act Promptly
Authorities are urging residents not to wait until the last hour. Clearing property tax today will prevent unnecessary penalties and additional interest charges, ensuring smooth financial planning for property owners.