Tax Relief

bopal: Tax relief for Bopal-ghuma in sight | Ahmedabad Information

AHMEDABAD: The residents of Bopal-Ghuma, Chiloda, Kathwada, who were beaten by the Ahmedabad Municipal Corporation (AMC) with high property tax bills – almost 2.5 times their previous – can breathe a sigh of relief.
The AMC plans to introduce a tax break for the newly acquired areas, which was extended to Vastrapur, Jodhpur, Thaltej, Bodakdev and adjacent areas in 2006 when these areas were incorporated into AMC.
On Thursday, the Chairman of the Standing Committee, Hitesh Barot, said the modalities for the program were being worked out. “We are working on an installment scheme or a discount scheme for existing property tax invoices, as it was extended in 2006,” says Barot. At that time the residents of Thaltej, Bodakdev, Vastrapur etc. paid 25% of the amount invoiced in the first year and 50% the following year, so by the end of the fourth year the 100% invoice was restored. Before the AMC took over Bopal-Ghuma, around 40,000 residents of the area paid a total of 5 billion rupees in taxes. After the AMC issues tax bills, they expect revenue to rise to Rs.15 billion.
“The property tax system used to be quite arbitrary. For example, homes built in the past 4 years pay based on carpet area, while other properties paid a flat fee under the old flat rate system, ”said a senior tax agent for the South West Zone. Most of the areas in Bopal and Ghuma will fall into the “C” category of the local tax system, where the land jantri is worth between Rs 7,000 and 15,000, with the exception of South Bopal, which falls under the “B” category.
“Normally the ruling was supposed to be announced when the areas were brought under AMC jurisdiction, but due to the second wave of Covid, it was avoided. Now that we have delivered the property tax assessments, the 2006 ruling is being considered, ”said the senior AMC official.

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