Haryana Chief Minister Bhupinder Singh Hooda on Wednesday gave a major relief in the payment of property tax in the municipalities of the State by announcing onetime rebate of 30 per cent for those property owners who clear all their property tax dues or arrears up to the year 2012-13 by March 31. The decision was taken in a Cabinet meeting held here on Wednesday in Chandigarh.
Hooda announced rebate of ten per cent admissible to those assesses who pay their total tax for the assessment year by July 31 of that assessment year. For the year 2013-14, the rebate of ten per cent would be admissible to those assesses who deposit their dues by March 31, 2014. The Chief Minister also announced that hundred per cent rebate would be given till March 31, 2016 to properties situated in ‘lal Dora’ of those villages, which have come in the limits of the Municipalities on or after April 1, 2010.
The Cabinet approved to reduce the VAT rates on scientific instruments from present 12.5 per cent to five per cent to make industry more competitive in the national market.