News: Haryana Announces Major Relief In Property Tax -27/01/14

Haryana government has announced a major relief in the payments of property tax in the municipalities of the state.

Chief Minister of Haryana, while presiding over the State Cabinet meeting, yesterday announced onetime rebate of 30 per cent for those property owners who clear all their dues or arrears up to year 2012-13 by March 31, 2014.

However, the government has also announced a rebate of 10% admissible to those assesses who pay their total tax for the assessment year by July 31 of that assessment year. For the year 2013-14, the concession of ten per cent would be admissible to those assesses who deposit their dues by March 31, 2014.

The chief minister also announced 50 per cent cut on property tax on petrol pumps. Similarly, 50 per cent rebate in commercial space rate has also been given to IT Parks, cyber city or parks of all municipalities. The flats constructed over an area of 2,000 square feet would also get 50 per cent cut in property tax. This will benefit about 80 per cent flat owners in the state.