Maintenance tax on capital

The extra taxes will become a burden

Update: 2014-12-08 05:22 GMT
Vijayawada (Photo Courtesy: Google Maps)

Hyderabad: As per provision 108 of the CRDA Bill, the authority may levy specific cess for the implementation of specific capital infrastructure projects.

Provision 39 of the  Bill says that the final plot owners shall have to pay for the usage, consumption and maintenance charges levied by the agencies responsible for the common infrastructure and respective services including roads, street lighting, solid waste management, sewerage treatment plant, water supply, parks and play grounds.

Mallela Seshagiri Rao, an advocate and a landowner of Rayapudi, said, “Presently there are  property tax, water and sewerage tax, development and betterment charges.

But, the extra taxes will  really become a burden.” The Authority may levy a betterment charge and some special  impact fee may be imposed in the vicinity of the capital region.

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