State Government Abolishes Key Tax for Housing Societies

Entertainment National Sports Markets Business & Economy Lifestyle World Astrology & Religion Technology Education & Jobs Auto Politics Viral Opinions

Loading more articles...

Maharashtra abolishes NA tax for urban housing societies; arrears waived!

Housing Society Tax

N

News18•05-03-2026, 08:53

Maharashtra abolishes NA tax for urban housing societies; arrears waived!

•Maharashtra government abolishes Non-Agricultural (NA) tax for urban housing societies, providing major relief.
•The NA tax will no longer be levied on any old or new buildings in urban areas.
•Revenue Minister Chandrashekhar Bawankule announced that all previous NA tax arrears have also been completely waived.
•This decision relieves thousands of housing societies and flat owners from financial burden, penalties, and interest.
•Land conversion process simplified with nominal rates for older constructions and one-time payment options for larger areas.

Read Full Article on News18 in Marathi

✦

More like this

✦

More like this

Agriculture Land

Maharashtra Abolishes 5-Year Wait for Class-2 Land Ownership; Boosts Real Estate

NA Land

Maharashtra scraps NA permission: 'Deemed NA' & one-time premium simplify construction

Property Rules

New Income Tax Act 2025: Stricter Rules for HRA, PAN, and Digital Data

NA Land

Govt Scraps NA Permit for Farm Land Construction; New Process Explained

mumbai high court

Mumbai High Court Blocks Tax Refund Adjustments for Settlement Scheme Users

Income Tax Rules 2026: 10 changes that will impact your pocket

New Income Tax Act 2025: 10 Key Changes Affecting Your Money From April 1, 2026