Maharashtra Govt. notified regarding the rates of Tax on Lands and Buildings used or intended to be used for Residential or Non-residential purpose

Mar 08, 2025 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Government of Maharashtra on March 05, 2025, issued the notification regarding the rates of Tax on Lands and Buildings used or intended to be used for Residential or Non-residential purpose.

The following has been stated namely: -

• The Maharashtra Education and Employment Guarantee (Cess) Amendment Act, 2012, empowers the Collector to notify tax rates on lands and buildings for residential and non-residential purposes. 

• The tax will be levied in Wada Nagarpanchayat under the Maharashtra Municipal Councils Act, 1965, starting from April 01, 2025

• The Collector of Palghar, upon receiving a proposal from Wada Nagarpanchayat, has notified these rates. The tax will include State Education Cess and Employment Guarantee Cess based on the capital value of lands and buildings. The rates are detailed in the appended schedule.

[Notification No. MAHBIL/2009/35574]


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