Q:I heard that the property tax collection system is going to get very intense from now onw? Anybody have any info regarding this? Will this new system make it harder or easier for us tax payers in hyderabad?
Latest Answer: I heard that the commissioner wants to collect additional revenues from the property tax collection drive because he has plans to carry out intensive city beautification, by buildings parks, improving the condition of the graveyards and having at least 2 lakes per zonal jurisdictions.
Latest Answer: Correct. That way you can calculate the exact stamp duty and registration fees to be paid. Otherwise it will become big headache. Also make sure there are two witness for your registration.
Latest Answer: This deduction was implemented to make sure that nobody misses on paying the stamp duty due to hihger rates. Effective from 04.12.2013, the stamp duty will be cdalculated at 4%.