Income Tax 29 July 2026
Haryana New Property Tax
The Haryana cabinet has approved a new formula-based property tax regime for all urban local bodies and cleared a dedicated housing policy, the new tax regime is expected to simplify the property tax calculation and collection process, the cabinet decision is aimed at increasing transparency and reducing corruption in the property tax collection system
The Haryana cabinet has approved a *new* property tax regime for all urban local bodies. The new regime is based on a formula that takes into account various factors such as property location, size, and usage. The key features of the new regime include:
- A simplified tax calculation process
- Increased transparency in tax collection
- Reduced corruption in the tax collection system
The cabinet has also cleared a dedicated *housing policy* that aims to provide affordable housing to all citizens.
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