Ghaziabad Approves New Property Tax Proposal

Fast Summary

• The Ghaziabad Municipal Corporation has approved a proposal to redefine road widths based on the Master Plan for property tax calculation,aiming to increase revenue.
• Currently, property tax is resolute by location, road width, and annual rental value (ARV), with roads categorized by different widths.
• The new proposal includes calculating ARV using the Master Plan road width and incorporates footpaths, dividers, green belts, parking spaces, service roads, and drains.
• This change could increase tax revenues by 10-15% and will be implemented in the next financial year.
• Opposition from residents exists due to concerns about increased taxes; some ex-councillors have criticized the plan as a revenue-increasing tactic.

Indian Opinion Analysis

The new tax proposal in Ghaziabad represents an effort by municipal authorities to streamline property tax calculations through adherence to the Master Plan’s specifications. By broadening how road widths are calculated—factoring in additional infrastructure like footpaths and green belts—the corporation aims for a stable revenue boost. However, this move underscores tension between fiscal policy objectives and public sentiment. As residents worry about potential increases in their financial burden without clear improvements in services or infrastructure developments tied directly to their contributions.Balancing such initiatives against constituents’ concerns will require careful consideration of fairness and transparency going forward.

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!Ghaziabad Nagar Nigam