Haryana announces major relief in property tax
With the Lok Sabha polls approaching, the Haryana government has announced a major relief in property tax payments in the municipalities of the state.
While presiding over the State Cabinet meeting, Chief Minister, Bhupinder Singh Hooda announced one time rebate of 30 per cent for those property owners who clear all their dues or arrears up to year 2012-13 by March 31, 2014.
A rebate of ten per cent admissible to those assesses who pay their total tax for the assessment year by July 31 of that assessment year has also been announced by the government. For the year 2013-14, the concession of ten per cent would be admissible to those assesses who deposit their dues by March 31, 2014.
Hooda said that 100 per cent rebate would be given till March 31, 2016 to properties situated in ‘Lal Dora’ (land which is part of the village habitation) of those villages, which have come in the limits of the municipalities on or after April 1, 2010.
50 per cent cut on property tax on petrol pumps was also announced by the chief minister. Similarly, IT park, cyber city or parks of all municipalities have been granted a 50 per cent rebate in commercial space rate.
Also, 50 per cent cut in property tax would be given to the flats constructed over an area of 2,000 square feet. This will benefit about 80 per cent flat owners in the state.
Source: The Financial Express
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