ULHASNAGAR: In view of the strong protests in Ulhasnagar against the Capital Value Tax started by the Ulhasnagar Municipal Corporation, the state government has put a stay on the tax collection.
According to the people, with the new capital value tax system, the Corporation was charging them 4 times more property tax, which is much higher than any other Municipal Corporations in state. This is the reason that recently when the Municipal Corporation started sending bills to pay tax on the basis of Capital Value Tax, people were surprised to see the increased tax and protested at various places in the city.
