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Valuation of Land (Amendment) Bill, 2023 passed…Chambers concerned over property tax

THE House of Representatives on Wednesday passed the Valuation of Land (Amendment) Bill, 2023 signalling the introduction of property tax. The highly-debated bill was passed by an 18-14 vote, with the Opposition voting against it. The bill, under Clause 5, repeals and replaces section 7A of the Act by introducing specific categories of land namely:

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