“The property tax waiver will be applicable from January and this time it is a complete waiver,” BMC chief Iqbal Chahal told TOI.
The BMC recently mopped up Rs 11,000 crore in premiums from the construction industry after the government announced a 50% waiver in premiums on account of the pandemic.
Chahal said till December 31, the BMC had also collected Rs 3,450 crore in property tax when its target was only Rs 800 crore.
“For 2021-22, the property tax target is Rs 5,000 crore and we shall easily cover it,” he said, adding the waiver would cost the BMC around Rs 463 crore.
Thackeray had on Saturday called a meeting of Shiv Sena leaders from Mumbai, including urban development minister Eknath Shinde, his son and guardian minister for Mumbai suburbs Aaditya Thackeray, mayor Kishori Pednekar and Congress leader and island city guardian minister Aslam Shaikh. “Mumbai has been built with the sweat and hard work of ordinary citizens and it is for them we have taken this decision.
Today, we, including the Congress, are working together… Shiv Sena makes a promise, it does not give mere assurances,” he said. The chief minister said the party had given a similar waiver in 2017, but this time it is a complete waiver and would come into effect immediately.
Thackeray said the Shiv Sena was born in 1966 and has been the ruling party in Mumbai.
Opposition leader Devendra Fadnavis, reacting to CM Uddhav Thackeray’s announcement, tweeted: “To fulfill the promise made in 2017, finally 2022, the election year, has dawned.” He also shared the video of his speech in the recent legislative session where he had criticised the Shiv Sena for not fulfilling its 2017 promise. “The government only waived off a small component of the property tax. The people only got a “Bhopla” (pumpkin)…..we hope the government will now fulfill its promise,” he said.
BMC officials say property tax comprises eight components, including general tax, water tax, sewerage tax, education cess, tree cess and water benefit tax, among others.