No Change In Property Tax Assessment
The state Cabinet on Wednesday allowed the Brihanmumbai Municipal Corporation to continue levying property tax based on the rate able value-based assessment for a year. The civic body had sought more time to implement the capital value-based property tax system, which was scheduled for adoption since April 1, 2010. As a result, the BMC will continue to dispatch bills for the coming financial year based on rateable values -- the notional rent that a property could earn — fixed in 2009-’10.
0 comments:
Post a Comment