Property tax increased to 18% Mundhe proposal rejected - Thinking Spaces

Property tax increased to 18% Mundhe proposal rejected

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Property tax increased to 18% Mundhe proposal rejected

Nashik: Mayor Ranjana Bhansi on Saturday sent the resolution of 18% property tax hike to the municipal secretary after rejecting municipal commissioner Tukaram Mundhe’s recommendation of 33-82% increase.

The civic administration had proposed property tax hike of 18% to the standing committee last year and it was approved. When the resolution of the standing committee was sent to the general body for approval, Mundhe raised it to 33-82%.

Mundhe had recommended 33% increase for residential properties, 64% for non-residential and 76-82% for commercial properties. According to the rules, the administration can make demands and Mundhe had proposed changes in the amount of the capital-based rate. But the general body rejected his capital based hike and made it rateable.

“The proposal of the administration to the standing committee was sent to the general body. Mundhe had also attached a recommendation docket wherein he raised the tax rate. The general body approved the docket tabled at the standing committee. The modified docket of Mundhe has been rejected,” said the mayor. She added that the general body approved the tax hike but not the one suggested by Mundhe.

News Source: https://timesofindia.indiatimes.com/city/nashik/18-hike-in-property-tax-mundhe-proposal-rejected/articleshow/63152136.cms

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