വീട് വെയ്ക്കാൻ പോകുന്നവർ തീർച്ചയായ്യും ഇത് കാണണം | Kerala Building Tax | Murickens Group | Flyline
വീട് വെയ്ക്കാൻ പോകുന്നവർ തീർച്ചയായ്യും ഇത് കാണണം | Kerala Building Tax | Murickens Group | Flyline The basic tax rate for the construction of new buildings in the state has gone up. As per the new move, the tax levied per square meter on houses in gram panchayaths has been increased from the existing Rs 3-8 to Rs 6-10. In municipalities, the house tax was reduced from Rs 6-15 per square foot to Rs 8-17. Meanwhile, in corporations, the rate has been increased from Rs 8-20 to Rs 10-22. The increase was not mentioned in the budget but came into effect on April 1. With this, the property tax fixed on the basis of the revised rate will increase by five percent every year. The officials of the local body make it clear that there are changes. There is ambiguity as the notification does not clearly mention the applicability to new buildings. Earlier, an order was passed increasing the tax rate of existing buildings by five percent per annum. There will be two types of building taxes in t...