+
Maharashtra to Eliminate NA Tax for Urban Housing Societies
Real Estate

Maharashtra to Eliminate NA Tax for Urban Housing Societies

The Maharashtra government is expected to eliminate the non-agriculture (NA) tax for urban housing societies before the announcement of assembly elections, according to a senior revenue department official. This decision follows requests from political leaders and housing federations to scrap the tax, which affects many older societies facing hefty payment notices.

The official noted that the announcement might come before the model code of conduct for elections takes effect in October. Currently, the tax applies to societies outside gaothan areas within municipal jurisdictions, with only 10,000-15,000 of the nearly 200,000 societies exempt from the NA tax.

Despite a stay on NA tax collection since 2022, concerns persist about double taxation on landholders who have already paid a one-time NA conversion tax. Housing federation president Suhas Patwardhan expressed that if the exemption is declared before the elections, it would significantly relieve affected housing societies.

While the state government is reportedly leaning toward withdrawing the NA tax, some society members remain unaware of the stay, continuing to make payments. Advocates argue that the current tax provisions discriminate against residential sites and lead to unfair classifications.

The Maharashtra government is expected to eliminate the non-agriculture (NA) tax for urban housing societies before the announcement of assembly elections, according to a senior revenue department official. This decision follows requests from political leaders and housing federations to scrap the tax, which affects many older societies facing hefty payment notices. The official noted that the announcement might come before the model code of conduct for elections takes effect in October. Currently, the tax applies to societies outside gaothan areas within municipal jurisdictions, with only 10,000-15,000 of the nearly 200,000 societies exempt from the NA tax. Despite a stay on NA tax collection since 2022, concerns persist about double taxation on landholders who have already paid a one-time NA conversion tax. Housing federation president Suhas Patwardhan expressed that if the exemption is declared before the elections, it would significantly relieve affected housing societies. While the state government is reportedly leaning toward withdrawing the NA tax, some society members remain unaware of the stay, continuing to make payments. Advocates argue that the current tax provisions discriminate against residential sites and lead to unfair classifications.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code