https://www.taxtmi.com/news?id=23592 States that complete Urban Local Body reforms become eligible to mobilise additional borrowing through market borrowings, subject to notifying floor rates of property tax in consonance with circle rates and floor rates of user charges for water, drainage and sewerage reflecting current costs and past inflation, together with a mechanism for periodic increases in these rates in line with price movements. en-us Thu, 28 Jan 2021 16:50:44 +0530 Thu, 28 Jan 2021 16:50:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=23592 States that complete Urban Local Body reforms become eligible to mobilise additional borrowing through market borrowings, subject to notifying floor rates of property tax in consonance with circle rates and floor rates of user charges for water, drainage and sewerage reflecting current costs and past inflation, together with a mechanism for periodic increases in these rates in line with price movements. News - Thu, 28 Jan 2021 16:50:44 +0530 https://www.taxtmi.com/news?id=23592