Pay property tax by March 31 or face penalty: Ludhiana MC tells residents Officials said taxpayers will have to pay a 20 per cent penalty along with 18 per cent annual interest if the property tax is not cleared after the deadline. The municipal corporation emphasized that failure to settle the dues by March 31 will result in additional financial burdens for property owners. The notice was issued to ensure timely collection of taxes and to prevent the accumulation of arrears. Residents are advised to settle their outstanding property tax obligations before the specified deadline to avoid the imposition of penalties. The municipal authorities reiterated that the payment of property taxes is a civic responsibility and urged all property owners to comply with the regulations.#property_tax #penalty #residents #ludhiana_mc #municipal_corporation