Property tax hike again!
Hike in property tax has been a nightmare to the citizens of Thiruvananthapuram. Property tax payers can expect maximum of 60-per cent increase in the tax amount for residences.
However, the hike for commercial buildings would be much higher when compared to the residential sectors.
Also, recently the city mayor announced the possibilities of implementing one-per cent tax concession for residences wherein the compost units are set up for waste disposal.
However, for any such hike in taxes the corporation is looking forward for High Court verdict.
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Source: IBN Live
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