Quick Summary
In a significant move, the Maharashtra government has permanently abolished the non-agricultural (NA) tax levied on housing societies, industrial, and commercial properties in urban areas. This decision was made during a Cabinet meeting chaired by Chief Minister Eknath Shinde, aimed at reducing the financial burden on property owners across the state. The NA tax, which is imposed on agricultural land when used for non-agricultural purposes, will no longer apply to lands where residential buildi
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FAQ :
The NA tax, or non-agricultural tax, is levied on agricultural land when it is used for non-agricultural purposes, such as building residential, commercial, or industrial properties.
The NA tax has been abolished for housing societies, industrial, and commercial properties in urban areas. This includes lands used for residential buildings, high-rise apartments, and commercial and industrial units.
Yes, properties situated in Gaothan areas are still exempt from the NA tax, as they were already exempt under the Maharashtra Land Revenue Code of 1960. The abolition applies to all other urban properties.
The government has abolished the NA tax to reduce the financial burden on property owners and to promote urban development across the state.
Yes, housing societies in suburban Mumbai had received temporary relief from the NA tax in 2022 under the previous Maha Vikas Aghadi government.
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