Residential Rates For Property Tax, IT Firms Relieved

IT companies in the city that were facing the daunting prospect of paying property tax at commercial rates as per a resolution passed by the Pune Municipal Corporation (PMC) three months ago can now heave a sigh of relief. In a clarification by the state government dated March 30, it has been made clear that its IT policy that allows residential rates for property tax in the rest of the state is applicable to Pune as well.

Read the rest of the Indian Express article, Relief for IT firms, residential rates for property tax.

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