With the elections to the Brihanmumbai Municipal Corporation scheduled to be held early next year, the state cabinet on Wednesday approved a proposal not to revise capital value of building or land in Mumbai for 2021-22 in view of the pandemic. Under the Mumbai Municipal Corporation Act, 1888, the capital value, based on which property tax is paid, is to be revised every five years.from Mumbai News: Latest Mumbai News Headlines & Coronavirus News Updates from Mumbai - Times of India https://ift.tt/3beyLgi
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