Prayagraj Offers Tax Rebate Only for Resident Homeowners
PRAYAGRAJ: The Prayagraj Municipal Corporation (PMC) has announced that property tax exemptions will be available only to owners of self-occupied residential buildings occupied by their families. Properties that are rented out or generate income in any other way will not qualify for this exemption. PMC intends to begin verifying applications from eligible property owners within this month. According to PMC Chief Tax Assessment Officer Sanjay Mamgai, property tax exemptions have traditionally been available for self-occupied properties older than 20 years. Property owners must submit applications, followed by on-site inspections by municipal teams to verify claims. Mamgai noted that the municipality…