New property tax system cleared

More than a month after the new property tax proposal was passed in the statutory standing committee,the capital value based property tax system was also cleared in the general body meeting on Thursday.

More than a month after the new property tax proposal was passed in the statutory standing committee,the capital value based property tax system was also cleared in the general body meeting on Thursday. Although the proposal was not on the agenda,it was brought for discussion under the Urgent Business proposals and was cleared in less than ten minutes.

Congress members later staged a walkout when the proposal was being passed.

Congress corporator,Arif Zakeria,said,Why was there so much hurry to pass the proposal,especially when the BMC had claimed that they will seek suggestions from residents on this proposal. We could have taken this proposal in the meeting after hearing suggestions from all citizens groups. When I wanted to discuss the proposal,I was told that the Mayor has to go to Mantralaya due to the major fire.

Rahul Shewale,Standing Committee chairman and Shiv Sena corporator said,This proposal was brought under the Urgent Business as we want to implement the new system at the earliest. There is no question of any opposition to the proposal as all the political parties in the standing committee had cleared it

The capital value based property tax system was passed by the standing committee in June this year,but was yet to be implemented as it was yet to be cleared in the general body meeting.

The new system would mean an increase in the property tax in city,while residents in the suburbs will have to pay less property tax compared as compared to the current rates.

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