NMC offers tax concession for rain water harvesting
In order to encourage conservation of water and tackle the shortage in future, Nagpur Municipal Corporation (NMC) has offered concession in the capital levy to those voters who install rainwater harvest home system and use alternative energy. The civic body has aforesaid that the voters who install rainwater harvest home system, use alternative energy, use vermicompost, generate compost from solid waste and implement different such eco-friendly comes will avail five to ten % concession normally capital levy. the knowledge was shared by Assistant Commissioner (Tax Assessment) Milind Meshram on a weekday. “Citizens implementing anyone of the comes would be offered five % discount normally tax. If quite one comes square measure enforced, the tax concession would be ten %. Moreover, if capital levy of the current year is paid before Nov, four % concession normally tax is going to be provided. voters ought to implement most comes to avail concession normally taxes,” Meshram appealed. Meshram any aforesaid that until currently, 663 voters have received tax concession for rainwater harvest home, 2013 voters to be used of alternative energy, forty-eight voters for a generation of vermicompost, and 443 voters for reprocessing of sewerage water.
“Now, for brand new construction, rainwater harvest home is obligatory. whereas submitting building map, a certificate of designer for rainwater harvest home system is additionally obligatory,” Meshram stressed.