Tag: Pushyamitra Bhargav

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Indore Mayor: 10% Tax Rebate for Rainwater Harvesting Systems

INDORE: Mayor Pushyamitra Bhargav announced on Monday a 10% rebate on property tax for buildings that implement functional rainwater harvesting systems. This initiative is aimed at enhancing groundwater conservation throughout the city. Building owners interested in this incentive will need to complete an on-site inspection, testing, and certification by authorized municipal building officers. The administration has also stated that if a certified rainwater harvesting system is found to be non-functional or discontinued during future inspections, the property tax exemption will be rescinded starting the following financial year. During a review meeting with Indore Municipal Corporation officials, Bhargav evaluated various aspects…

Latest StoriesRegulatory

Indore Mayor-in-Council Rejects Property Tax Re-zoning Plan

INDORE: The Mayor-in-Council (MiC) declined a proposal on Thursday to adjust property tax rate zones for over 50 localities, including 29 recently integrated villages. This revision would have moved developing areas from lower tax brackets (Zone 5) to higher ones (Zones 1 and 2). The MiC, led by Mayor Pushyamitra Bhargav, approved a standard licensing fee for each cinema screen displaying commercial advertisements without prior authorization from the IMC. The council also authorized the tender invitation for the construction of 8,100 housing units under the Pradhan Mantri Awas Yojana 2.0. The council granted in-principal approval to regularize the corporation’s regulated…