The trade and business community in Mysuru is heaving a sigh of relief as its 15-year-old demand has finally been met. Tthe Mysuru City Corporation is withdrawing levy of taxes under “Super Commercial” category and instead impose uniform rates of taxes to all commercial properties in the city from April 1 onwards.
The traders and businessmen claimed that the “super commercial tax” existed only in Mysuru and it had put a lot of burden on them. Therefore, they were after the MCC for dropping the category, suggesting that it collect taxes without categorising the properties as commercial or super commercial.
“The MCC decision eases a lot of burden on traders. We thank all those who supported the efforts to get the things done as it was the long-pending demand of the trade and business community here,” said B.S. Prashanth, President, Federation of Organisations and Associations of Mysuru (FOAM).