PMC's planned crackdown on property owners who misused tax exemption clause will also help it regain revenue
Pune, Feb. 19 -- The Pune Municipal Corporation (PMC) has decided to crack the whip on property owners who have been misusing the 40 per cent exemption which is meant for those residing in their own houses. A committee formed to increase revenue for the civic body found that people were using the property for commercial purposes, including renting out the property or using it to run a small business, and were also reaping benefits of the tax exemption....
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