Nagpur Municipal Corporation reduces tax on hoardings

Nagpur Municipal Corporation has reduced tax on advertising hoardings, posters and banners right before ensuing Assembly elections. It came as a shocker if considered the increase in property tax, and water tax that had great impact on common man.
Nagpur Municipal Corporation has increased the base rate, and water tax to increase its revenue. It had directly affected the local people. Now, Nagpur Municipal Corporation has reduced the tax on advertising hoardings, posters and banners right before Assembly elections. NMC would have earned good revenue if continued or increase the tax as candidates and political parties erect large number of advertising hoardings, posters and banners during elections. Increase in taxes of common man and reduction in taxes of politicians, this is what came as a shocker to common man.
Though the decision was taken by Nagpur Municipal Corporation before implementation of Code of Conduct, the matter came to fore when the civic body submitted a copy of this to District Administration in the meeting organized to fix the schedule of rates for Assembly elections. Accordingly, the District Administration has reduced the schedule of rates of advertising hoardings, posters and banners. Besides, the District Administration has kept as it is the rates of other items, like hiring vehicles, amplifiers, speakers, food items and other items issued during elections.
Earlier, Nagpur Municipal Corporation use to charge tax on advertising hoardings, posters and banners in three categories including Grade-A, B and C. Nagpur Municipal Corporation use to charge Rs 28 per sq. mt for Grade-A, Rs 21 per sq. mt for Grade-B, and Rs 14 sq.mt for Grade-C. Now, NMC has cancelled all Grades and made it only one grade and fixed charge as Rs 17.50 per sq.mt.