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Wednesday 16 June 2021

Property tax rates likely to increase up to 14 per cent in Mumbai

On Wednesday, a proposal from the Assessor and Collector department was tabled before the civic body’s Standing Committee, which if approved will come into force from April 1, 2021 and continue till March 31, 2025.

Property owners in Mumbai may have to pay a higher tax this year with the Birhanmumbai Municipal Corporation (BMC) deciding to collect property tax based on the latest ready reckoner rates this year. Read More...

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