NMC waives tax on homes measuring up to 500 sq ft

16 Feb 2022 CW Team

The Nagpur Municipal Corporation (NMC) has decided to provide tax exemption to housing properties measuring 500 sq ft and below.

The move is likely to help more than 2.5 lakh property owners but cause a loss of Rs 120 crore to the cash-strapped civic body. On January 5, the media had reported regarding NMC’s property tax consultative committee’s decision to suggest the exemption on the lines of Mumbai.The bid was tabled before the general body on Tuesday.

NMC deputy commissioner Milind Meshram told the media that there are likely more than 2.5 lakh properties of 500 sq ft and below.The yearly demand for these properties is about Rs 30 crore per annum. Additionally, there is an arrear of Rs 90 crore on these properties.Ruling party leader Avinash Thakre recommended execution of the advantage to qualified persons from January 25.

Arrears of Rs 90 crore indicate they are unable to pay the tax. Losing an income of Rs 30 crore per annum will not make any difference to NMC. They can easily manage this by bringing new income sources. Dharampal Meshram, corporator from Thakre’s party, disagreed with the latter’s suggestion.

The NMC administration must first study whether the government would pay the income loss in the case of Mumbai.They must demand reimbursement from the government. He said that there is a possibility a few houses in slum areas do not get the advantage.

Few shanties have an area of more than 500 sq ft. Such persons are not qualified to pay taxes. Some standards should be set to extend the advantage.

Thakre told the media that a proper team should be created to execute and give orders to the government. According to NMC’s data, there are approximately 6.5 lakh properties in the city, which means 38.5% are expected to benefit.

Image Source

Also read: NMC passes resolution for property tax exemption up to 500 sq ft

Infrastructure Transport

15 Jul 2026

Railways To Operate Over 300 Special Trains For Rath Yatra

Union Railway Minister Ashwini Vaishnaw announced that Indian Railways (IR) will operate more than 300 special trains for the annual Jagannath Rath Yatra in Odisha and over 100 special trains during the Onam festival in Keralam. He flagged off the Nanded–Mumbai and Tanakpur–Nanded Express trains and inaugurated the extension of the Tanakpur–Pilibhit service up to Shahjahanpur via video conference from Rail Sadan in Bhubaneswar. He noted that the summer season, which concluded on 30 June, had seen a record 15,000 special trains. Vaishnaw stated that the newly launched services are intende..

Vande Bharat Express To Start From Tripura Soon

Tripura Chief Minister Manik Saha said the Vande Bharat Express will commence operations from Tripura in the coming days after he flagged off the Agartala–Karimganj MEMU service at Agartala Railway Station. He recalled the rail history of the state, noting that a metre-gauge service first arrived in 1964 and that broad gauge reached Agartala in 2008 following national projects and later upgrades under the Act East policy. The event was described as a milestone for regional connectivity and the MEMU was presented as the first electric passenger train to originate from Tripura.\n\nSaha said he..

MEMU Suspension Disrupts Commuters Between Vadodara And Dahod

The Vadodara–Dahod Mainline Electric Multiple Unit (MEMU) service has been temporarily suspended for 26 days after its rake was diverted to Odisha to manage the surge in passenger traffic during the annual Rath Yatra in Puri. Indian Railways redeployed several MEMU rakes from different zones to meet the additional travel demand for the festival scheduled from the seventh of July to the second of August. As a result, train numbers 69233 and 69234 operating between Vadodara and Dahod will remain cancelled for the duration. Railway authorities advised passengers to use alternative train service..