Mumbai, Dt. 24
NA Tax (Non-Agricultural Tax) levied on cooperative housing societies by the state government is likely to be abolished soon. Revenue Minister Radhakrishna Vikhe-Patil has assured that a decision in this regard will be taken before the end of the budget session.
MLAs and several housing associations demanded abolition of NA tax (non-agricultural tax).
The demand for abolition of non-agricultural tax is currently under consideration and the revenue department has prepared a report in this regard after talking to the persons in the field. So we will take a final decision in this regard soon, said Vikhe-Patil.
In cities, NA tax (non-agricultural tax) is levied by housing societies under municipal jurisdiction which do not fall within the gavthana area. In the last few days N. A. The issue has come to the fore as the tax collection is underway and notices have been sent to various individuals, cooperative societies for payment of arrears with penalty and interest.
