...
...
Next Story

Maha cabinet gives nod to continuation of 40% property tax rebate

While continuation of the scheme had received ‘in principle’ approval in March this year, the Maharashtra cabinet on Wednesday gave official sanction to the same

Updated on: Apr 19, 2023, 23:13:43 IST
Advertisement

PUNE: In a major relief for taxpayers, the state government on Wednesday gave its nod to continuation of the 40% rebate on property tax, a scheme that was introduced in 1970 but discontinued in 2019. While continuation of the scheme had received ‘in principle’ approval in March this year, the Maharashtra cabinet on Wednesday gave official sanction to the same.

Scrapping of the rebate in 2019 drew sharp reactions from citizens as nearly 8 lakh property taxpayers were affected by the decision. (HT PHOTO)
Scrapping of the rebate in 2019 drew sharp reactions from citizens as nearly 8 lakh property taxpayers were affected by the decision. (HT PHOTO)

Pune district guardian minister Chandrakant Patil said, “The state cabinet has given the green signal to continuing this scheme with effect from April 2023. The taxpayers will not have to pay dues for the years from 2019 to 2023.”

“If some taxpayers have already paid additional property tax after discontinuation of the scheme from 2019 to 2023, the Pune Municipal Corporation (PMC) will adjust the amount in the existing property tax bills and give them rebate for that amount,” Patil said.

Scrapping of the rebate in 2019 drew sharp reactions from citizens as nearly 8 lakh property taxpayers were affected by the decision. Ever since, politicians across parties have been promising reintroduction of the scheme but nothing has moved on the ground, till now.

 
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe