Gzb civic body nod to change in property tax

The Ghaziabad municipal corporation board has cleared a proposal suggesting the width of the roads be redefined as per the Master Plan, and be taken into account to determine the property tax.

- Peeyush Khandelwal

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GHAZIABAD:

Officials said that the proposal will increase tax revenue.

The corporation at present determines the tax depending upon the location of a property on the basis of road width and its corresponding annual rental values (ARV). The three types of road widths taken into account are -- less than 12 metres, between 12 and 24 metres, and above 24 metres.

"According to the new proposal, the road width to determine the property tax will be taken up as defined in the Master Plan. There will be no determination on the basis of locations along the service roads or main road etc.," said municipal commissioner Vikramaditya Malik.