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Maharashtra govt gives nod to BMC proposal to not hike tax

State cabinet gives nod to BMC proposal to not hike tax for this financial year

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BMC officials are awaiting the governor’s sign on the ordinance before dispatching the bills. Representation Pic

BMC officials are awaiting the governor’s sign on the ordinance before dispatching the bills. Representation Pic

After much chaos over an unannounced property tax hike in December last year, the state cabinet, on Monday, gave its nod to not hike property tax for this financial year. BMC officials are still awaiting the governor’s sign on the ordinance and only then will the revised property tax bills be uploaded online. The physical copies will take another two to three weeks for distribution. But, the BMC is unwilling to push the deadline to pay bills.

The state government said on Monday that the BMC administration was under pressure from taxpayers and public representatives to issue final bills as per the Supreme Court decision in the assessment case. “The revised property tax bills will have to be issued after the BMC Act, 1888, is amended. Instead of revising the capital value [of property] for 2023-24, the government has decided to give relief to property taxpayers in Mumbai. An ordinance to this effect will be promulgated soon,” said a statement from the CMO.

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