Property Tax
Nashik- Last week, the Nashik Municipal Corporation standing committee rejected the property and water tax hike for all the residential areas. This hike was proposed by the municipal commissioner following the civic Budget 2013-14. However other proposals were approved by the standing committee based on few amendments. A draft budget of Rs. 1,556.80 crore was presented by [...] Continue Reading »
Coimbatore – Recently Coimbatore Corporation added one more new feature named “property tax calculation” in its website. As per the Commissioner, this new feature will help the assessee to know the calculations done by civic body for the same. He added that to know the property tax calculations, assessee need to click Public Disclosures’ in [...] Continue Reading »
Rajkot- The Rajkot Municipal Corporation (RMC) tax department has launched a massive drive to collect the pending property tax in city. An amount of Rs. 126 crore has already been collected by the civic body against its target of Rs. 155 crore for the year. According to an official, they have started sealing the defaulter’s properties [...] Continue Reading »
Aurangabad- The latest drive initiated by the Aurangabad Municipal Corporation (AMC) against the tax defaulters in the city has proved to be fruitful as the authorities have collected an outstanding amount of Rs. 80 lakh in just three days. They have targeted the big property owners who have been evading the property tax for quite a long time. Starting [...] Continue Reading »
Coimbatore - Many people get confused whether it is the plinth area or the carpet area that has to be considered while assessing property tax. Well, Mr. Sundararajan, Assistant Commissioner, Revenue, clarifies the doubt with clear explanation. He said that the Coimbatore Corporation considers the plinth area and not the carpet area in assessing property tax. [...] Continue Reading »
Delhi Development Authority (DDA) has released almost Rs 120 crore to the South corporation after the North corporation attached its banks account following non-payment of property tax dues. The duo corporation is going through loggerheads over revenue earned from property tax since long. Now north corporation wants its share in the amount released by DDA. Around [...] Continue Reading »
Hyderabad – The Greater Hyderabad Municipal Corporation (GHMC) budget for 2013-14 has been approved without any hike in property tax rates. The final approval will be given by the state government soon. The corporation budget was presented by the Mayor of GHMC on February 18, 2013. The total outlay for the next financial year is [...] Continue Reading »
With the increasing protests from the citizens of Maharashtra against new property tax system, a demand for a stay on the regime has now been made to the state government. Recently, Brihanmumbai Municipal Corporation (BMC) had introduced the new property tax system in the state, following which many protests were witnessed. A MP from North [...] Continue Reading »
BBMP is going to undertake a special drive for reviewing the details submitted by the property owners who have misused the Self-Assessment Scheme (SAS) system, particularly in relation to properties above 3,000 sq ft. BBMP commissioner ordered the spacial team to complete the review process by end of March. The Palike has formed 25 special [...] Continue Reading »
Coimbatore- The corporation has started assessing the city’s property tax when a set of questions were put forth. Questions like is the Corporation right in taking into account the plinth area or carpet area while assessing property tax were presented. This question has been posed under the Right to Information Act to the Corporation. The corporation [...] Continue Reading »
