Government
In Mumbai, a city of ever increasing population, recent emphasis is put on redevelopment. Especially in areas like Andheri, where old buildings are in almost dilapidated condition, the government has encouraged redevelopment of these buildings which has attracted big developers to come forward. Experts support the initiative as they are of the opinion that redevelopment [...] Continue Reading »
North Delhi Municipal Corporation today insisted officers to collect taxes with sincere efforts so that it would help the body. Standing Committee Chairman, Yogender Chandolia, said that approximately Rs 4,800 crore can be collected from regularisation of unauthorised construction, floor wise regularisation, freehold the shops transferred from the government and by charging property tax on [...] Continue Reading »
Chikmagalur Municipality is set to cross check the plinth area of each construction in the city with their self-assessment scheme to find out about house tax evasion. The CMC president CR Premakumar said that they have formed four groups, headed by revenue officers, which would visit residential and commercial buildings. The groups will collect details [...] Continue Reading »
The government is to provide interest subsidy of up to Rs 14,912 this fiscal for housing loan not exceeding Rs 15 lakh, which came as a relief to small home loan borrowers. The Cabinet decided to extend by one year the interest subvention scheme of one per cent on housing loans up to Rs 15 [...] Continue Reading »
The money transfers to India by NRIs will not come under the realm of service tax as said by Prime Minister Manmohan Singh. Kerala chief minister, Oommen Chandy, said that the Prime Minister has dismissed all the reports related to levy of tax on the money of Indians working abroad. The Prime Minister asked for [...] Continue Reading »
Annoyed by the issue of lesser water supply, the residents of JC Nagar, Bangalore blocked the streets to express their anger on Sunday. The agitated residents gathered at the main signal junction near Shivaji Talkies on JC Road and blocked the traffic. The residents of SJ Park, Vinobha Nagar, Journalists’ Colony, Doddamavalli and Sudhama Nagar [...] Continue Reading »
Protesting the forceful acquisition of 227 acres of land by the government to set up the proposed Indian Institute of Management (R) and Central Law University, the students, along with parents, have been sitting on a ‘dharna’ since March 4. Though the villagers live in extreme poverty they are not academically weak. But due to [...] Continue Reading »
The district collector of Madurai, Anshul Mishra, warned the local bodies, including the Corporation, against granting individual and random approvals to building plans because of which the government is losing revenue. He also said that if they continued to do so then their authority will be withdrawn. As per Section 49 of the local planning [...] Continue Reading »
The government is likely to announce one per cent of interest subsidy on housing loans up to Rs15 lakh with cost of the house not exceeding Rs25 lakh in a bid to help low and medium income households to own their own dwellings. The interest subvention scheme for the year 2011-12 was limited to a [...] Continue Reading »
Given the huge task covering 4 lakh door numbers in the city and issuing tax returns form to all residents, offices and shops concerned, Kochi Corporation may not be able to meet the deadline set by the government, which is August 16. Revenue department officials admit it will not be possible to complete the process [...] Continue Reading »
