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State govt’s intervention on property tax urged

No Comments Sub Category:Mumbai,Property Tax Posted On: Nov 06, 2012

The municipal commissioner RA Rajeev has sorted out the innervation of the state government to dismiss the resolution passed by the general body of Thane Municipal Corporation (TMC) regarding the proposed capital value based on property tax.

The assessment of the  property tax is based on the rental value of the residential or commercial structure which will render a loss of Rs 32 crore to the corporation, which was disagreed by the commissioner.

The chief also showed that Mantralaya defeats the mandatory reforms initiated by the Jawaharlal Nehru Urban Renewal Mission. The state government’s intervention to invoke section 351 of the BPMC act that should nullify the resolution passed by the TMC.

With a debate with the opposition Congress NCP and the MNS in Thane seconded the resolution initiated by Shiv Sena-BJP in the civic body.

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