Earlier, the Rs. one million annual Mansion Tax was to be levied from owners of houses valued at Rs. 100 million or more, or houses with a floor area of over 5,000 square feet, whichever is higher.

However, on Saturday, the minister said that the Mansion Tax would be levied from owners of buildings where the floor areas is 10,000 square feet, or more and were built after year 2000.