Municipal
councils collect Property Tax to generate revenue for them, out of that revenue
they carry out development works.
The
Property Tax increases once that property is let out. It is a nice way to
generate extra revenue, it's a win – win situation for the councils and landlords, but the problem starts when municipal councils collect extra tax even after
the lease period is over and that property is vacant.
Municipal
councils take lease deed before granting commercial license, wherein the lease
amount and lease period is mentioned. Now, after completion of the lease period if
both parties agree not to renew the agreement, that property becomes
non-occupied. When the next time landlord goes to pay the Property Tax he is
charged taxes as per increased taxes even though the property is vacant and the landlord has to pay since objecting and refusal to pay will land him in more
trouble like penalty and interest.
When
they have lease deed with them, why can’t they make necessary changes in
collection of taxes accordingly? Why punish taxpayers for the inability of their‘s?
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