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State Government Abolishes Key Tax for Housing Societies
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Maharashtra abolishes NA tax for urban housing societies; arrears waived!
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News18
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05-03-2026, 08:53
Maharashtra abolishes NA tax for urban housing societies; arrears waived!
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Maharashtra government abolishes Non-Agricultural (NA) tax for urban housing societies, providing major relief.
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The NA tax will no longer be levied on any old or new buildings in urban areas.
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Revenue Minister Chandrashekhar Bawankule announced that all previous NA tax arrears have also been completely waived.
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This decision relieves thousands of housing societies and flat owners from financial burden, penalties, and interest.
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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
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