Sign of relief for property tax payers
A ray of hope for residents residing in old flats in South Mumbai.
The much hyped capital value-based property tax system which was about to get launched is stalled for time being.
The state civic administration who had proposed of the tax system has decided to table it later few months.
As the upcoming polls are nearing which will take the model code of conduct in effect, the proposed tax system has to wait to be accepted by the next elected corporators.
Various political parties had opposed the new tax system stating that it would provoke any bad effect on the the onset of the polls.
Source: Hindustan Times
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