Chances are that citizens will not be burdened
with an increase in property tax in the next financial year. The civic
administration has submitted a proposal to the standing committee,
suggesting that the levy should not be hiked.
Property tax is one of the main sources of revenue for the PMC. The department handles the billing and collection of property tax on residential, commercial and other types of properties held privately or by state and Union governments within the municipal limits.
“The committee has received the proposal, which was tabled at its meeting earlier this week. The members wanted to discuss the proposal, so it was decided to arrange a special meeting for the purpose. The civic administration has suggested that there should be no increase in the tax and the proposal is expected to be approved,” standing committee chairman Vishal Tambe told TOI. To read more please visit - indianrealtynews.com
Property tax is one of the main sources of revenue for the PMC. The department handles the billing and collection of property tax on residential, commercial and other types of properties held privately or by state and Union governments within the municipal limits.
“The committee has received the proposal, which was tabled at its meeting earlier this week. The members wanted to discuss the proposal, so it was decided to arrange a special meeting for the purpose. The civic administration has suggested that there should be no increase in the tax and the proposal is expected to be approved,” standing committee chairman Vishal Tambe told TOI. To read more please visit - indianrealtynews.com
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