Chetna Sadadekar chetna. sadadekar@ mid- day. com THE Brihanmumbai Municipal Corporation ( BMC) has set up a committee to reform the norms under which property taxes are charged. The BMC officials said the new rules will be to ensure maximum recovery of bills from citizens, unlike the current system where the outstanding amount increases every year.
According to officials, BMCu2019s property tax collection rules change every five years. But, since the last decade, the property tax is being challenged owing to various reasons such as u2014 houses below 500 square feet were charged differently earlier, while some claimed that use of Capital Value System was wrong which saw citizens approaching the court.
Currently, the reforms are being drafted and the new rules will be presented to the committee for approval before being implemented.
However, even as the reforms are being drafted the BMC is still not sure about the 500 sq feet and below properties. Even though Shiv Sena has been boasting about waiving the tax for such residents, the BMC is planning to waive off the general tax component, which is just 30 per cent and thus the residents of such properties will have to bear the remaining 70 per cent.
BMC to bring in transparent property tax rules soon Civic body aims to make new reforms more citizen- friendly, citing several loopholes in the current tax system The reforms are being drafted and the new rules will be presented to the committee for approval before being implemented. PIC/ ISTOC K
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