Property Tax
The Greater Visakhapatnam Municipal Corporation (GVMC) is planning to develop the city but before that it has to tackle the debt due to government departments defaulting on property tax. Around 30 government wings owe property tax of Rs 4.18 crore to the civic body, with the APTransco leading the defaulters list owing Rs 80.03 lakh [...] Continue Reading »
South Delhi Municipal Corporation (SDMC) has attached rent of 50 properties in Omaxe Square – an office centre in South Delhi. The 50 properties of different owners on second floor of Omaxe Square have been rented out to Wipro. The officials said 50 property owners collectively owe Rs 19,14,616 to the corporation. The property tax [...] Continue Reading »
As the government denied any financial assistance to the Municipal Corporation of Gurgaon (MCG), the local body, in order to raise its revenue through tax, is to issue house tax assessment notice to villages under its jurisdiction. Around 46,000 people live in 39 villages that come under the MCG’s jurisdiction and half of them has [...] Continue Reading »
The Corporation of Chennai has asked the government for permission to cut water and power supply for the property tax defaulters. An official said, only 40 % of property owners in the city pay tax for the premises they own. Generally, property tax is paid once every six months, but the corporation allows defaulters to [...] Continue Reading »
A number of buildings came up along the ITO are due to pay property tax, said north corporation. The list of organisations includes Rajiv Bhawan, Rabri Bhawan, Chandrashekhar Bhawan and Maharaja Ranjit Singh Trust, said Mahender Nagpal, leader of the House, north corporation. Municipal Corporation of Delhi (MCD) had issued notices to the defaulters to [...] Continue Reading »
Without any basic facilities, Patna citizens are paying property tax to the Patna Municipal Corporation (PMC). Issues like unsafe water, live in unhygienic condition and also delaying the new garbage collection agency’s functioning are still on the list for PMC to solve. The PMC standing committee decided to double the holding tax which includes 2.5% [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) is all set to hike the property tax despite stringent opposition from corporators. The GHMC, does not need permission to hike the property tax according to the Municipal Act, as the act says that the corporation can revise tax every five years and last revision was made in 2007. [...] Continue Reading »
The South Delhi Municipal Corporation’s (SDMC) drive against the property tax defaulters is showing a positive result, as the civic body collected almost double of the tax collected by North counterpart. With the collection of almost Rs 672 crore till October 5, the South Corporation is way ahead of North Delhi Municipal Corporation which has [...] Continue Reading »
The property tax department of Pimpri Chinchwad Municipal Corporation (PCMC) has collected Rs 167 crores this financial year. There was a rise of Rs 50 crore in collection compared to the same period last year, Shahji Pawar assistant commissioner and chief of property tax department. Residents will have to pay the property tax of six [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) is planning to double the tax, so the residential property owners have to pay more tax. According to the authorities, property tax of commercial properties in L B Nagar, Uppal, Malkajgiri and Qutubullapur municipal circles may be cut by 15-20%. GHMC is to raise minimum property tax to 80 [...] Continue Reading »
