The property tax is a major source of income for every municipality to spend on infrastructure and development works. The Government of India has allowed the collection of applicable tax on every property residing in the region to that state government, MCGM Property Tax so that the amount can be spent on roads, public places, parks and similar constructions. Thus every property in Mumbai either be commercial or residential need to get their Mumbai Property Tax dues cleared before the due date to avoid any consequences.
The property tax is a major source of income for every municipality to spend on infrastructure and development works. The Government of India has allowed the collection of applicable tax on every property residing in the region to that state government, MCGM Property Tax so that the amount can be spent on roads, public places, parks and similar constructions. Thus every property in Mumbai either be commercial or residential need to get their Mumbai Property Tax dues cleared before the due date to avoid any consequences.
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