Ghaziabad, April 10 -- The Ghaziabad municipal corporation will implement a revised property tax structure, which is set to increase the tax burden on around 600,000 residential and commercial properties. Officials confirmed on Wednesday that the new rates will apply retrospectively from 1 April 2024.

According to the corporation, the state government has authorised the municipal commissioner to revise rental values-the basis for calculating property tax. The decision is backed by Section 174 of the Uttar Pradesh Municipal Corporation Act, 1959, and the UP Municipal Corporation (Property Taxes) Rules, 2000.

"We issued a notification for the new structure on 9 January 2024. From 1 April, tax bills for new properties have followed this st...