Hike in property Tax
The property buyers will be relaxed to know that they do not have to shell out extra on property tax next year. Pimpri-Chinchwad Municipal Corporation (PCMC) has announced no hike in property tax in 2012-13 and it will be the same as this year. The proposal was doing rounds from November 19 and it has [...] Continue Reading »
Enhancement of property tax has been on the cards of the municipal corporation for the past four years after formation of Greater Hyderabad. Since March was the financial year ending for the 2010-11, the municipal corporation has decided to hike property tax from the 2011-12 financial year. Two proposals were sent to the government separately. [...] Continue Reading »
The tax, which is being collected through Self Assessment Scheme (SAS), will be hiked for 2011-12 as the three year block period will end this March. The Bruhat Bangalore Mahangara Palike (BBMP) property tax is likely to be hiked by at least 15 per cent for the next financial year. The Bruhat Bangalore Mahangara Palike [...] Continue Reading »
