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NAGPUR: No new taxes or increases to existing taxes were proposed in the budget presented by the Nagpur Municipal Corporation standing committee on June 27. However, a suggestion to raise property tax by 10% is on the agenda for the committee’s first meeting post-budget, scheduled for July 10.
The proposed increase aims to generate an additional ₹15.42 crore in revenue for the NMC. This proposal comes from the property tax department as part of the annual tax rate revisions.
The decision now hinges on the approval of standing committee chairperson Shivani Dani. During the budget presentation, Dani emphasized that the residents of Nagpur would not face any new tax burdens.
Under Section 99 of the Maharashtra Municipal Corporation Act, which allows the civic body to set tax rates, the proposal seeks approval for revised property tax rates for the current financial year. Typically, such proposals should be approved by February. However, due to the delay in presenting the standing committee budget, officials noted that any approved increase could be reflected in the upcoming property tax bills.
Additionally, the proposal includes increasing the sewerage benefit tax from 1% to 2% and raising the fire tax from 1% to 2%. The property tax department anticipates that these revisions will lead to an average increase of about 10% in property tax collections.
However, there are no recommendations for changes to the state education cess, employment guarantee cess, or large residential building tax.
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