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	<title>Property News India and Featured Real Estate Stories &#187; new tax system</title>
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		<title>Residents&#8217; groups across Mumbai protest new tax system</title>
		<link>https://groups.commonfloor.com/news/residents-protest-new-tax-system-1700</link>
		<comments>https://groups.commonfloor.com/news/residents-protest-new-tax-system-1700#comments</comments>
		<pubDate>Mon, 29 Nov 2010 05:41:31 +0000</pubDate>
		<dc:creator>rakesh</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[BMC]]></category>
		<category><![CDATA[BMC Act of 1888]]></category>
		<category><![CDATA[Brihanmumbai Municipal Corporation]]></category>
		<category><![CDATA[capital value-based property tax system]]></category>
		<category><![CDATA[capital value-based system]]></category>
		<category><![CDATA[Mumbai]]></category>
		<category><![CDATA[Mumbai Properties]]></category>
		<category><![CDATA[Mumbai property tax]]></category>
		<category><![CDATA[new tax system]]></category>
		<category><![CDATA[property in Mumbai]]></category>
		<category><![CDATA[property mumbai]]></category>
		<category><![CDATA[real estate mumbai]]></category>

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		<description><![CDATA[Under the new capital value-based system property taxes are likely to go up in south Mumbai, while residents in the suburbs may get some relief from the current property tax levels.The new system was announced on 1st April 2010, but has not been enforced as the tax rate has not been fixed yet. The civic [...]]]></description>
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