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Resident Welfare Associations Oppose New Tax Methodology

by Mukesh
175 views Vijayawada
Credit: Unsplash

The Andhra Pradesh Federation of Resident Welfare Associations (APFRWA), demanded the government of Andhra Pradesh to roll back the new tax regime. The APFRWA shared that the new method will increase the taxes exorbitantly once the government changes the registration charges.

They shared that according to the new methodology the government is going to charge taxes on the basis of the property value, changing the methodology from the existing methodology of taxing based on the rental value. They are worried that the taxes might increase by at least ten-fold as the government would increase the property prices every year.

The Andhra Pradesh Municipal Laws Amendment bill passed by the YSRCP in the assembly was returned by the legislative council where Telugu Desam Party (TDP) is in majority.

Municipal Administration Minister Botsa Satyanarayana claimed that the bill was in accordance with the new reforms by the Central Government and the bills were only to facilitate them, adding that the bills will only provide additional revenue of just Rs. 120 crore to urban local bodies.

The council returned the bills related to Panchayat Raj amendment, which levies additional charges for the drinking water and the sewage water on the people, the bills were introduced to make the local bodies self sufficient.

 

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