‘Property tax hike undemocratic’

Stating that a 40 to 50 % increase in property tax is imposed, Visakhapatnam Apartment Residents’ Welfare Association (VARWA) has opposed the move in the absence of an elected body terming it ‘undemocratic’.

The reasons being given for the increase are not specific but a total of five and only 15 days is given for submitting objections for filing which plan and other documents were being sought again, VARWA general secretary B.B. Ganesh and vice-president G. Vijay Kumar said.

The property tax increased was a revision for assessments numbers already given earlier on submission of documents and asking for them again was not justified, the VARWA leaders told a press conference here on Monday.

Mr. Ganesh said a fresh unauthorised construction penalty was being levied making it a recurring tax component.

While bank interest rates were reduced drastically after demonetisation the GVMC penalty on late payment of property tax continued to be 24 per cent, he said.

Mr. Kumar though general, water, conservancy, lighting, education and library cess formed a percentage of annual rental value library cess was being levied separately.

They appealed to residents to file revision petitions or contact VARWA on 9440133440/9440662915.

VARWA Gajuwaka representative Lakshmana Swamy was present.

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