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BMC takes serious action against tax defaulters

BMC takes serious action against tax defaulters
Bhopal – With the instructions given by Mayor and Bhopal Municipal Corporation (BMC) Commissioner, officials have pulled up their socks to collect taxes from defaulters in various zones of the city. They have also taken up serious action in many wards of the city. They have seized two properties in Bhopal and 59 tap connections [...] Continue Reading »

Water tax likely to increase in Vijayawada

Water tax likely to increase in Vijayawada
Vijayawada – Vijayawada Municipal Corporation is planning to increase water tax in the city due to overburden of power surcharge. On a regular basis, around Rs 20 crore is being spent towards supplying drinking water in the city. As of now, the revenue being collected through water tax is around Rs 8 crore. Now the [...] Continue Reading »

Property tax payment reminders now sent as epost

Property tax payment reminders now sent as epost
Coimbatore – With the financial year nearing; civic bodies all over India are coming up with new strategies to collect property tax dues. One such scenario made news in Coimbatore, where the Coimbatore Corporation is sending reminders through the India Post’s ePost service. Last month, Coimbatore Corporation sent around 5,000 mails through ePost. The civic body [...] Continue Reading »

Odisha govt requests centre’s help for metro project

Odisha govt requests centre’s help for metro project
Bhubaneswar- Odisha government has sought help from the Union Ministry of urban development over starting an intercity metro rail service between Bhubaneswar and Cuttack. The government has been planning to initiate monorail connecting these two cities and also high speed bus service in Bhubaneswar. The state government has sent a letter to the ministry requesting [...] Continue Reading »

Service tax of Rs 3 crore recovered from builder

Service tax of Rs 3 crore recovered from builder
Jamshedpur – An amount of Rs 3 crore has been recovered as service tax from a builder in Jamshedpur. The central excise officials recovered this amount from eight offices of the builder in Bihar and Jharkhand. The builder was evading the service tax amount from past two years. The officials of the director general central [...] Continue Reading »

Urban housing fund to function in a month

Urban housing fund to function in a month
The urban housing fund which was announced recently by the Finance Minister in the Budget is likely to function within a month. The minister proposed an allocation of Rs. 2,000 crore to the National Housing Bank (NHB) for initiating it. According to an official, the fund will be used for the refinancing of the banks [...] Continue Reading »

NMC stops water supply to construction sites

NMC stops water supply to construction sites
Nashik- As water scarcity issue is rising in many cities, the Nashik Municipal Corporation (NMC) has stopped builders from using potable water for the ongoing constructions by disconnecting water connections. The Corporation said that the concerned builders have to arrange water from other sources like wells, borewells, etc. This move of the civic authority of [...] Continue Reading »

Property tax collection goes door to door in Surat

Property tax collection goes door to door in Surat
Surat – As the financial year is approaching, the Surat Municipal Corporation (SMC) has pulled up their socks to collect pending pending property tax. The target for SMC for current financial year is Rs 485 crore. So far the civic body has recovered tax and capital expenditure works of worth Rs 324 crore and this [...] Continue Reading »

Property tax to trouble Patiala residents

Property tax to trouble Patiala residents
Patiala- The unit evaluation committee of Patiala Municipal Corporation (MC) has fixed the unit values of the properties per square metre according to five categories defined by the Punjab government. The property tax calculation will be done based on several parameters such as usage factor, type factor, structural factor, occupancy factor and most importantly, the [...] Continue Reading »

15% reserve for affordable housing faces opposition

15% reserve for affordable housing faces opposition
Bhubaneswar- Odisha developers are suspicious with the state government’s plan of developing one lakh affordable houses in 10 years. The government had initiated ‘scheme for affordable urban housing in Odisha-2012′ which directs developers to reserve 15 percent built-up space for developing residential units for economically weaker section (EWS) and lower income group (LIG). But the [...] Continue Reading »



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