Reconsider increase of holding tax
It has been reported that holding tax has been increased up to eleven times the previous rate. Surely, this will result in the increase of house rent.
It has been reported that holding tax has been increased up to eleven times the previous rate. Surely, this will result in the increase of house rent. Middle or low-income families are already hard-pressed because of the rising prices of food. This sudden rise of house rent will make their lives even more difficult.
One wonders why the city corporation has taken such a radical decision to raise the holding tax to such an extent. We hope that the authorities will reconsider their decision.
Zabed Wali, By email
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