ReferIndia News NMMC slashes illegal construction penalty, freezes tax hikes as recovery target soars to ₹1,200 crore

ReferIndia News

Sponsored

Easy Steps, Real Earnings

Start Earning
News Image

NMMC slashes illegal construction penalty, freezes tax hikes as recovery target soars to ₹1,200 crore

Published on: Feb. 27, 2026, 6:22 a.m. | Source: Hindustan Times

Fulfilling two core election promises championed by forest minister Ganesh Naik, the general body unanimously pushed through a resolution freezing property tax and water charge hikes for 2026–27, and another slashing the punitive tax penalty on ‘need-based’ structures from 200% to just 5% | Mumbai news

Checkout more news
Ad Banner

Kunjesh Investment Banking – Trusted Since 2001

Financial Planning • Insurance • Investments • Retirement & Wealth Management. Personalized strategies, expert guidance, lasting success.

Get Started
ReferIndia News contact