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    Published On : Wed, Dec 28th, 2016
    Business News | By Nagpur Today Nagpur News

    VTA welcome decision to abolish NIT

    VTA Logo
    Nagpur:
    Vidarbha Taxpayers Association (VTA) hail decision of State Government to abolish Nagpur Improvement Trust (NIT) by merging NIT into Nagpur Municipal Corporation (NMC) within one year by December 31, 2017 and thank Chief Minister Devendra Fadnavis for fulfilling his pre-poll promise.

    In a joint statement J. P. Sharma, president and Tejinder Singh Renu, secretary of VTA welcomed this decision as VTA has been long demanding State Government to abolish NIT as our city had dual authority for same purpose and accordingly the citizens were having burden of dual taxation. Thereby administration expenses will also drop considerably and such amount will now be utilized in asset building of the city.

    NIT time to time under its various development schemes has leased plots under relevant provisions of Nagpur Improvement Trust Act, 1936 having usage as per Development Plan (DP) of the Nagpur City and the lease being perpetual is to be renewed by NIT on application from the lessees. However on expiry of such lease, unit holders on such plot or family with too many legal heirs or similar face many problems just to get lease of plot renewed from NIT, whereby many crucial work of the unit holders get delayed and complications arises.

    VTA however requests state government that in the larger interest of the citizens of Orange City, it is highly recommended that within this one year of transition period, the NIT leased land should be made freehold on charging minimum possible one time fees, which is possible u/s 76 of the NIT Act, 1936 as after NMC taking charge dual taxation of House Tax and Ground Rent will be dual taxation for the same purpose.

    Vidarbha Taxpayers Association (VTA) requests Chief Minister Devendra Fadnavis and State Government to consider the same in public interest and do the needful as the same being in the lines of ‘ease of doing business’.


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