The Tamil Nadu government increased property tax for all local bodies in the state earlier this April. This means that the residents of Chennai's core areas would have to pay at least 50% more than what they have been paying for over two decades. The Greater Chennai Corporation has as many as 13 lakh property tax assesses with an annual demand of Rs 800 crore. The revision came into effect from April 1, 2022 with an aim to increase the civic body's revenue generation capacity, which plays a critical role in providing better services and improving infrastructure. Here is an…
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