Maharashtra Govt. notified the rates of tax on lands and buildings used or intended to be used for Residential and Non-Residential purposes

Aug 18, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Maharashtra on July 25, 2023, issued a notification regarding the rates of tax on lands and buildings used or intended to be used for Residential and Non-Residential purposes.

The following has been stated namely: -

• The State Education Cess and Employment Guarantee Cess on the capital value of lands and buildings, shall be levied and collected by the Akole Nagarpanchayat.

• The table with the User Class, Education Cess, and Employment Guarantee Cess has been stated in the Schedule attached for the residential and Non-residential/commercial user class.

This shall be in effect from April 01, 2023.

 

[Notification No. COLAHM-30015(16)/12/2023]


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