Q:Hello guys, is there any difference in the property tax that we will be paying in this year? I have heard some rumours that there has been some kind of a waiver this time, Is it true?
Latest Answer: Hi Raghav,
As per mayor though the civic body would have to bear an additional burden, the decision was taken in the interest of the people. The standing committee has directed the GHMC commissioner to prepare proposals for the waiver scheme and bring them before the GHMC general council meeting for another resolution, before the same is sent to the state government for clearance in a week's time.
Latest Answer: But right now, it is not clear whether VAT would be altered considerably, the officials said the changes would be moderate. For instance, a wide range of
commodities including pulses, grains, electronic goods, computer peripherals, chemical fertilizers fall under five per cent tax category, and the rate may be changed to 5.5 per cent.