betterment charges
Of late, there has been lot of discussions on new taxes being considered by the government for financing the development of smart cities. Some of the options being evaluated include a green tax on fuel purchase, betterment charges payable on sale of property, urban tax on purchase of new vehicles, etc. So, it could be [...] Continue Reading »
The Revenue officials of the Bruhat Bangalore Mahanagara Palike (BBMP) have been instructed to commence the process of collection of betterment charges in connection with the regularisation of sites formed under converted lands. The directions to set the ‘betterment charges collection’ process in motion were issued to the BBMP’s Revenue officials in a circular released [...] Continue Reading »
Jaipur- The empowered committee of the Urban Development, Housing has given green signal to several proposals in order to ease the land regularization process and to provide financial relief to the applicants. The state government has planned to charge regularization fees and grant lease on the basis of reserve price by giving up the old [...] Continue Reading »
The Mayor of Hyderabad has allocated a budget of Rs 3,600 crore to GHMC for the fiscal year 2012-13. Earlier this budget was proposed to be Rs 2,934.99 crore by the GHMC commissioner. But the civic body’s standing committee urged it to be Rs 3,600 crore raised by Rs 300 crore from previous year’s budget. The [...] Continue Reading »
Updated on 30-9-2014 Latest circular to Bruhat Bangalore Mahanagara Palike (BBMP’s) revenue officials asked them to start collecting betterment charges for regularising sites which came into existence through land conversions. It is estimated that these collection of betterment charges would levy additional Rs. 500 crore revenue for the Palike with the fixed betterment charges ranging [...] Continue Reading »
