Faced with Rs 3 cr deficit, PMC hikes house, commercial taxes

For new constructions, house tax was hiked from Rs 7 to Rs 50 per sq.mt and from Rs 50 to Rs 206 per sq.mt for new commercial buildings.

Team Herald

PONDA: At a special meeting of the Ponda Municipal Council ( PMC ) on Wednesday, the councillors decided to hike the house and commercial taxes manifold, to compensate for their revenue deficit of Rs three crore.

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The move has upset Ponda locals, who called the drastic hike unfair.

House tax has been hiked from Rs 7 per sq.mt to Rs 15 per sq.mt, while commercial tax was hiked to Rs 100 from Rs 20

For new constructions, house tax was hiked from Rs 7 to Rs 50 per sq.mt and from Rs 50 to Rs 206 per sq.mt for new commercial buildings.

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