MCC Commissioner meets traders on easing ‘tax load’

Promises to do away with classification of commercial properties for levying tax

Mysuru City Corporation Commissioner Lakshmikanth Reddy on Tuesday said the classification of commercial properties in the MCC limits for tax collection will be discontinued and property tax on such properties will henceforth be levied under the category of “commercial” without categorising them.

The Commissioner gave this assurance when a delegation of traders and businessmen under the banner of Federation of Organisations and Associations of Mysuru met him in connection with the problems faced by them with regard to the MCC’s tax system and trade licence. They argued the tax structure, particularly for commercial properties, has become a burden with differential taxing of properties.

Instead of categorising the commercial properties as ‘A’ and ‘B’ and levying taxes, tax for such properties should be levied entirely as ‘commercial’ properties without any distinction in the extent of tax charged, the Federation said, after the meeting.