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PAY PROPERTY TAX BEFORE DUE DATE, GET CONCESSION

tax-1Want a discount in property tax? Then pay the amount in advance. All those who are willing to pay tax in advance will be given concession. This decision was taken recently by the state cabinet. A senior official of the urban development department has stated that the discount amount whether it should be 1% or 5% of the total property tax will be decided by the civic bodies. A bill to amend the existing Bombay Provision Act, Nagpur Municipal Corporation Act, Mumbai Municipal Corporation Act, would be introduced in the state legislature, probably in the coming session in Nagpur in November, he added. Another official from the same department said the idea behind introducing such scheme is to generate funds for the civic bodies.

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