Green signal by Tamilnadu Govt. for the revision of property tax

After a court order, The Tamilnadu Govt. has given its permission to the urban native bodies including the Greater Chennai Corporation, 11 municipal corporations, 124 municipalities and 528 town panchayats to take up general revision of property tax with effect from current half-year that began on April 1.
This happened after a request from the public and residential welfare associations and other organisations to reduce the tax rate as it can increase the financial burden.
The planned revision of property tax should not be more than 50% for residential buildings and not more than 100% for rented residential and non-residential buildings, As per the order issued by the municipal administration and water supply department.
According to the Government order, The commissioner of municipal administration, commissioner of the Greater Chennai Corporation and director of town panchayats separately issue the necessary guidelines for the final revision of the property tax by following the stipulated guidelines.
Earlier, The heads of the departments requested the government to issue orders to carry out general revision of tax in the urban local bodies.
A division bench of the Madras high court recently guided the municipal administration and water supply department to take a step in context to the proposals within two weeks and report to the court in the next hearing.
The officer said the Govt. after analysing the different proposals from the Greater Chennai Corporation (GCC), municipal administration and other local bodies and the directions of the Madras high court decided that general revision of property tax should be considered as per the existing provisions in the Urban Local Bodies Act.

Despite the mandatory revision of property tax for every five years, the general revision of property tax was last made in the year 1998 in Chennai. All the urban local bodies except the Chennai Corporation had seen the revision in the year 2008. After that year, they missed the similar revisions and it was due in the year 2013. So the Madras high court ordered for the revision of property tax in July 2018.
In the year 1998, the tax was revised to not more than 50% for residential buildings, not more than 100% for rented residential buildings and 150% for commercial/industrial buildings. In the year 2008, the revision was not more than 25% for residential buildings, not more than 150% for commercial and not more than 100% for industrial buildings.