Property Tax
Though the commissioner has proposed new taxes and hike in parking rates, East Delhi Municipal Corporation will not hike taxes and parking rates. The corporation is planning to develop more parking sites and had asked for a package worth Rs. 7500 crore from the Delhi Finance Commission for the work. It was decided in a [...] Continue Reading »
New Delhi- The drum beating technique which was carried out in front of tax defaulters’ houses have not been that effective. Due to the non-payment of property taxes by the government and semi-government departments, the South Delhi Municipal Corporation (SDMC) will attach the bank accounts of all these offices to the civic body. As per the [...] Continue Reading »
Delhi-NCR- In an assumption concerning the trifurcation of Municipal Corporation of Delhi, the people of Delhi are expected to pay a heavy price. The East Corporation in the month of December proposed its budget with a slew of new taxes with a raise in property tax as well as parking fees. As per an official, the raise [...] Continue Reading »
New Delhi- A new survey will be conducted by the North Delhi Municipal Corporation (NDMC) in order to increase the number of properties under tax net. However, the deliberative wing of the civic body is not in favour to increase property taxes due to political compulsion factors. The corporation is further planning of alternatives which can fetch maximum number [...] Continue Reading »
During BSP regime in Uttar Pradesh, a housing scheme was introduced which had some loops in the agreement. A new board meeting is organized by three authorities in Gautam Budh Nagar to settle a new amendment in the housing scheme. The housing plots were available to all by just paying 10% of the total amount [...] Continue Reading »
Recently, the decision that had been taken to hike Pune property tax by 8 percent has been postponed by the standing committee of Pune Municipal Corporation (PMC). Baburao Chandere, chairman of the standing committee of PMC has stated that still more discussions and a special meeting are needed to come up with a plan. The [...] Continue Reading »
Chennai- On December 31 2012, Chennai Corporation has declared the facility of online tax payment. Now the residents of Sholinganallur, Perungudi , Valasaravakkam , Alandur and other 15 newly extended zones can pay their taxes online. The database of Chennai corporation has also been updated. Now many residents living in other parts of the country and NRIs who [...] Continue Reading »
New Delhi- The latest proposal initiated by the civic body is the hike in property tax by 3 percent. This property tax hike will result in residents of New Delhi Municipal Corporation (NDMC) paying double tax from next fiscal, followed by an increase in property valuation. However, the budget of 2013-14 is expected to hike [...] Continue Reading »
The civic administration of Pune has made a proposal to increase the property tax by 8 percent for the financial year 2013-2014 by pushing up the general tax structure. The rate of taxes are finalised every year by the civic body, as per section 99 of the Bombay Provincial Municipal Corporation (BPMC) Act, 1949, and places the [...] Continue Reading »
Thiruvananthapuram- On 12th December, comptroller and auditor general of India submitted a report in the state assembly which says that Kochi Corporation does not adopt transparency methods while assessing property tax in city. The report also stated variations in calculating property tax for similar properties in the same area. Other faults found includes lack of co-ordination between town and revenue [...] Continue Reading »
