PMC may not hike property tax next fiscal

by Paul Joseph on January 5, 2014 · 0 comments

PUNE: Chances are that citizens will not be burdened with an increase in property tax in the next financial year. The civic administration has submitted a proposal to the standing committee, suggesting that the levy should not be hiked. Property tax is one of the main sources of revenue for the PMC. The department handles the billing and collection of property tax on residential, commercial and other types of properties held privately or by state and Union governments within the municipal limits. “The committee has received the proposal, which was tabled at its meeting earlier this week. The members wanted to discuss the proposal, so it was decided to arrange

[via Real Estate News from India and Discussion Forums]

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