By Accommodation Times News Service
BMC will be soon sending out 33, 4000 more property tax bills computed according to the new capital value-based system. The dispatch of these bills was delayed owing to some errors which the civic body is in the process of correcting. The property tax bills have been already sent by BMC to 1.9 lakh citizens and so far it created a super chaos.
At a press conference on 1st February civic officials tried to clarify doubts raised by residents. The BMC plans to put up ready reckoner rates online so that citizens can verify their bills. The additional municipal commissioner Rajiv Jalota said, converting from the old ratable value system to the capital value based system to the capital value based was a humungous task. There will be errors like abnormal year mismatch in user description abnormal area which can be corrected. BMC has already received 3,360 complaints out of which 2,854 are of island city, 98 from eastern suburbs and 408 from the western suburbs. The complaints will be attended to and disposed of starting February 15. The increase in property tax rate is not aimed at increasing revenue, but at bringing in transparency with lowest rates.
According to the new tax system owners of flats with a carpet area of 500 sq ft or less are exempt for any increase in property tax for the first 5 years. Asked if such users will have to pay the tax after five year.