Gandhinagar
After a month the new property tax formula has been declared, and their factors for various areas of the city, citizens in Gandhinagar posted as many as 1,500 objections before the GMC. The corporation has spent the last one week reading 600 objections that were received from citizens. Sources in the GMC say that another 800 objections [...] Continue Reading »
Land deals and regularization of properties have been made easier for common man in Gujarat. According to a new scheme by power of attorney (PoA) route, which has been worked out by the state government will be helpful for its residents. This step was taken into being because there was no sign of many original [...] Continue Reading »
A notice was ordered to be issues by the Karnataka High Court recently in concern with the PIL and a multi-crore scam in the Bruhat Bengaluru Mahanagara Palike (BBMP). The division bench at high court received hardly 153 files out of 10,109 work files of the BBMP. Midst these 153 files, a scam worth Rs [...] Continue Reading »
Rs 1,539-crore tender scam has been upheld by BBMP for the year 2008-2011. City civil works are not done up to the expected quality in areas like; Rajarajeshwari Nagar, Malleswaram and Gandhinagar extensions in Bangalore city. Technical vigilance committee (TVCC) declared that BBMP has covered less than 20 percent of the total works up-to-date and [...] Continue Reading »
Gujarat Urja Vikas Nigam Ltd and Torrent Power, two of state owned distribution firms had filed petitions for power tariff hike which caters to Ahmedabad, Gandhinagar and Surat cities. The Gujarat Electricity Regulatory Commission (GERC) has accepted the petition and consumers might have to shell out an additional 2 per cent to 5 per cent [...] Continue Reading »
Differential rate of interest scheme (DRI) was formulated by the central government in 1972 for extending financial assistance at a concessional rate of interest (4%) to select low income groups for productive endeavours. These loans were to be given initially by public sector banks and then by private sector banks also. The Reserve Bank of [...] Continue Reading »
A new property tax formula with weightage for different properties has been introduced by the state’s latest municipal corporation. The final proposal will be placed in front of the general board of the Gandhinagar Municipal Corporation (GMC) for consent.The general board would debate on whether to base the new tax formula on the Ahmedabad or [...] Continue Reading »
Minimum Alternative Tax (MAT) which has been imposed alongside Dividend Distribution Tax (DDT) to adversely affect 50-odd Gujarat’s SEZ proposals. Proposals made in two Vibrant Gujarat investment summits, in 2009 and 2011, worth around Rs 1.25 lakh crore, would be adversely affected. The Government of India’s (GoI) to impose a minimum alternative tax (MAT) of [...] Continue Reading »
Malleswaram residents don’t want Metro on public-private partnership (PPP). It’s all part of a people’s move to ‘Save Malleswaram’ from more congestion. On Sunday, residents and activists met their elected representatives and submitted a ‘people memorandum’ demanding the PPP agreement between Bangalore Metro and the private developer be cancelled. The residents and activists demanded the [...] Continue Reading »
