City briefs : Extend deadline to pay property tax: Mayor
“The burden is excessive as citizens whose tax has increased have to pay arrears for three years. Citizens are also worried the tax may go up to 40 per cent in the next five years. We will oppose the proposal for revision of tax rates,” he said.
BMC started issuing capital value-based property tax bills in the last week of December with effect from 2010. Property tax was earlier calculated based on rateable value.
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