Shiv Sena offers house tax relief, BJP says no road tax for Mumbaikars

As the battle for the upcoming civic polls hots up, Shiv Sena, BJP are trying to upstage each other

Shiv Sena Chief Uddhav Thackeray. Photo: PTI
Shiv Sena Chief Uddhav Thackeray. Photo: PTI
IANS Mumbai
Last Updated : Jan 20 2017 | 9:41 AM IST

As the battle for the upcoming civic elections hots up, ruling alliance partners Shiv Sena and Bharatiya Janata Party (BJP) are trying to upstage each other by announcing sops for Mumbaikars.

Shiv Sena President Uddhav Thackeray revealed a wide-ranging free health cover -- to be named after Shiv Sena founder, the late Bal Thackeray -- for all citizens not covered under any government scheme.

He also unveiled plans for major concessions in property tax rates, one of the cash-cows of the BrihanMumbai Municipal Corporation (BMC).

While the party will scrap property taxes for homes measuring 500 sq.ft. or a regular one bedroom-hall-kitchen flat, there will be concessions for houses measuring 500-700 sq.ft., or a regular two BHK flat, Thackeray said.

Additionally, housing societies which are implementing rain water harvesting (RWH) scheme shall get further discounts in property tax, he said.

With an earning of around Rs 10,000 crore, property tax forms a significant chunk of the revenue of the India's biggest and richest civic body.

BJP city chief Ashish Shelar countered by making his own set of announcements and said the proposal to discontinue property tax for 500 sq.ft. homes was also proposed by a BJP legislator to Chief Minister Devendra Fadnavis.

Shelar promised that Mumbaikars would be exempt from coughing out the 13 per cent Road Tax until all city roads were made smooth and pothole-free. The BMC rakes in over Rs 600 crore annually on this count alone.

Assuring scrapping of water cess until every Mumbai gets round-the-clock water supply, Shelar wondered that with such a huge annual budget and deposits, what has the Shiv Sena done for the city all these years.

On his part, Thackeray assured that the sops would not entail any additional tax burden.

"The BMC has an annual budget of Rs 37,000 crore and deposits of around Rs 53,000 crore. It is financially capable of bearing these expenses for the next five years, 2017-2022," he said.

Taking a potshot at the BJP, he said that "the party would fulfil its promises on returning to power and it would not be a 'jumla' like the 'Achhe Din' poll promise".

Interestingly, the separate announcements to lure the voters came even as the two allies in the civic body, Maharashtra and the Centre, have locked horns to share the 227 seats for the February 21 BMC elections.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jan 20 2017 | 9:26 AM IST

Next Story