Property tax hike flayed
The Hindu
The property tax hike announced by the Mysuru City Corporation (MCC) with effect from April 1 has been flayed by the Congress on the grounds that it was unscientific. The party spokespersons, M. Laksh
The property tax hike announced by the Mysuru City Corporation (MCC) with effect from April 1 has been flayed by the Congress on the grounds that it was unscientific. The party spokespersons, M. Lakshman, said here on Friday that the hike effected was two- to three-fold contrary to the public perception that the hike was by 15 per cent. He alleged there were instances when individuals who were paying tax to the extent of ₹9,000 per year, were now being levied ₹25,000 and this was almost a three-fold increase. Describing this as an ‘extortion’ by the State, Mr. Lakshman said the proposed tax on vacant plots was also condemnable. The hike in property tax is forcing the landlords to enhance the monthly rentals as a result of which house rent in Mysuru was soaring.
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