Will MCC re-examine property tax hike?
Voice of The Reader

Will MCC re-examine property tax hike?

May 3, 2021

Sir,

We wish to appeal to Mysuru City Corporation (MCC) to re-examine various cost components considered in computing the property tax for this financial year. There has been a steep increase in the property tax which has caused tremendous amount of financial hardship to the property owners and more so, during this difficult period of pandemic.

It was announced by the MCC that they are effecting 15% increase in the property tax in this financial year but in reality, it has been almost 50% over the last year.

Many cost factors for computing the property tax have been increased irrationally by MCC without any prior information to the property owners. The EMV for land has been increased from Rs. 1,000 to Rs.4,162 per sq.ft and similarly there is a hike in the slab rate for building from Rs. 560 to Rs.1,365 per sq.ft. Even though the rate applicable for tax is reduced to 25%, still it is 20% higher than what was considered in the last financial year.

Surprisingly, from this financial year, MCC has also initiated collection of tax for the Open Land area uncovered inside the compound wall and the tax is applicable to all those having more than 1,000 sq.ft area which is substantial.

As such the tax on open area around the house is inconceivable and as we comprehend, it was payable only by the vacant site owners earlier.

There are some additional new garden and cemetery cess that have also been levied from this year and most likely to continue in future too. We earnestly appeal to the civic authorities to re-look at these additional taxes/cess and streamline or readjust the excess amount paid this year from the next year’s property tax.

READ ALSO  Collection of Municipal Tax: Some suggestions to MCC

– Susheel Kumar, Mysuru, 23.4.2021

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ONE COMMENT ON THIS POST To “Will MCC re-examine property tax hike?”

  1. Niraj says:

    Sir,

    Kudos to Mr Susheel Kumar for his view on – Will MCC Re-Examine Property Tax Hike?. MCC has taken a unanimous decision without informing its citizens opinion before announcing. It is unscientific. MCC think that anyway people will pay tax after few Hues and Cries here and there. It is time for MCC officials to reexamine the Tax structure and Help citizens during this difficult times esp Senior Citizens.

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