Property Tax
The Haryana Government is planning to increase the property registration rates for the financial year 2012-13. The expected hike in the property registration rate may be around 15%. The rate of registration cost for the properties in Gurgaon has witnessed several hikes in last one year. 20-33% hike in registration cost was announced on March [...] Continue Reading »
The Mumbai municipality issued notice to all the owners for payment of the due property tax. And the due date was 31st March, 2012. The notice surprised the owners as many of them were unaware of the due taxes. Lot of the owners purchased the apartments in Mumbai recently and at the time of sale [...] Continue Reading »
The general body of the Pimpri Chinchwad Municipal Corporation (PCMC) had made a proposal citing that citizens paying property tax before August 31 will get a deduction on tax of 10 percent.This resolution was made earlier this month and was approved this Thursday. From the next financial year (2012-13) citizens will have to pay the [...] Continue Reading »
