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Municipal corporations move to roll back tax rate to 12%
May, 31st 2013

After promising no tax hike, the BJP-led municipal corporations had raised the property tax on commercial properties this budget session. But with the assembly elections due later this year, the deliberative wing now wants the officials to roll back the hike and charge the tax at the previous rate of 12%.

According to the councillors, BJP had promised not to increase any tax and it is the officials who are charging the industrial units more. "We now get to know that the commercial property owners are paying taxes at the rate of 20%. We will bring a proposal in the House to roll back the hike," said Ram Kishan Signhal, standing committee chairman, North Delhi municipal corporation.

The opposition sees this as a political gimmick. "The budget was cleared by the House and it's not that the officials are charging more than what was passed in the budget. Demand for a roll-back is just a way to gain political mileage by BJP. If they were so concerned, then why did they pass the budget in the first place?" said Mukesh Goel, leader of the opposition, North corporation.

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