Source : The Business Line Date : 17.03.2009
Chamber plea on property tax
Madurai, March 16
The Tamilnadu Chamber of Commerce and Industry has made an appeal to the Madurai Corporation to collect only the pre-hike tax from property owners till the release of the study report by the Official Committee appointed by the Tamilnadu Government. Mr S. Rethinavelu, Senior President of the Chamber, in a release said, that the rental value fixed by the Corporation in the recent revision of tax rates had been clearly in contravention of the guidelines issued by the Tamil Nadu Government and the Chamber has been persistently demanding the need to substantially bring down the rates that were sought to be enforced without interaction with any public organisations.- Our Correspondent