Sunday, June 16, 2019

No Property Tax on Electricity Poles, Transformer, Substations etc in Maharashtra

The Maharashtra State Cabinet has decided to exempt power infrastructure like electricity poles, transformers, substations etc from property tax. The state cabinet has amended Section 128 (a) (2) of Maharashtra Municipal Corporations Act, 1949 to exempt electricity poles and infrastructure from property tax. In a note issued by State Cabinet said that, “Maharashtra State Electricity […]

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from Taxscan | Simplifying Tax Laws http://bit.ly/2WM6zHH

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