tax

THIRUVANANTHAPURAM: The government has announced an exemption in building tax which was hiked in the last budget. This was included in the finance bill passed on Monday. Also, businesses that have tax overdue can apply for amnesty till November 30. The tax will be levied in a one-time settlement as follows:

House

Village panchayat:
100-150 square metres-Rs 1950

150-200 square metres-Rs 3900

200-250 square metres-Rs 7800

(Rs 1560 for every 10 square metres after this)

Municipality:

100-150 square metres-Rs3500

150-200 square metres-Rs 7000

200-250 square metres-Rs 14000

(Rs 3100 for every 10 square metres after this)

Corporation:

100-150-Rs 5200

150-200-Rs 10,500

200-250-Rs 21,000

(Rs 3900 for every 10 square metres after this)

Other buildings

Panchayat:

50-75-Rs 1950

75-100-Rs 2925

100-150-Rs 5850

150-200-Rs 11700

200-250-Rs 23,400

(Rs 2340 for every 10 square metres after this)

Municipality:

50-75-Rs 3900

75-100-Rs 5800

100-150-Rs 11700

150-200-Rs 23400

200-250-Rs 46800

Rs 4600 for every 10 square metres after this

Corporation:

50-75-Rs 7800

75-100-Rs 11700

100-150-Rs 23400

150-200-Rs 46800

200-250-Rs 70200

(Rs 580 for every 10 square metres after this)