Friday, November 22, 2019

Jaipur civic body to levy tax on business units of less than 100 square yards


The Jaipur Municipal Corporation (JMC) is plotting to levy a tax on all commercial properties in the city, irrespective of their dimensions. The proposal related to this also includes structures of less than 100 square yards.
 

In a modern prediction, the Jaipur Municipal Corporation (JMC) is considering the objective of taxing all commercial properties, irrespective of their dimensions. The authority has earlier made a proposal in this regard to the state, which has petitioned the tax department to include commercial structures of less than 100 square yards. If allowed, the proposal would include homes that are practicing the assumptions of paying for the idea of ​​guests, hostels, and even a guest house.

According to JMC Deputy Commissioner Revenue, Bhardwaj, the formation of the assets already described will eventually adjust to improve the administration's resources.

Furthermore, contrary to the current situation, the marketing of items of worship would also be included on the basis of the scope of taxation, except for commercial properties built on the collection of pilgrims.

The choice is seen as an affirmative action, notably the separation of the municipal corporation into two divisions which is Greater Jaipur and Jaipur Heritage Municipal Corporation. To evaluate, the bulk of most commercial properties in Jaipur are less than 100 square yards. Therefore, tax acquisition is a challenging plan for the authority.

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