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maharshtra

Goa deputy CM says yes to property tax

Goa deputy CM says yes to property tax
Chandigarh- Despite strong demand of imposing house Tax in Chandigarh, Municipal Corporation is not doing so. But recently Goa deputy CM and minister for urban development Francis D’souza spoke in favor of imposing house tax. During the seminar, “India Urban Development Vision 2020″, organised by the municipal corporation he added that this will help the civic body to [...] Continue Reading »

Don’t pay VAT: Consumers forum to buyers

Don’t pay VAT: Consumers forum to buyers
As per planning, 1,500 flat owners of Pune gathered at Bhave school near Perugate on Sunday morning. The owners were disgruntled because of lack of transparency on the part of builders on payment of VAT. They were visibly angry and confused as they sought clarification on how much exactly do they owe the builders. The [...] Continue Reading »

No need for NOC from developers: Maharashtra govt

No need for NOC from developers: Maharashtra govt
The Maharashtra Housing Department has offered a major relief to flat buyers and society residents. The state government has said that there is no need for a no-objection certificate (NOC) from the developer for sale or transfer of flat (resale) in a fully constructed building. The clarification has come after allegations of developers illegally collecting [...] Continue Reading »

Nashik civil body cancels proposed hike in house and water taxes

Nashik civil body cancels proposed hike in house and water taxes
The Standing Committee of the Nashik Municipal Corporation (NMC) presented the Rs 1,810.82 crore civic budget for 2012-13 in the general body meeting(GBM). The standing committee, while modifying the budget worked out by the former municipal commissioner, had rejected proposals to hike house and water taxes. The former commissioner had proposed 10 per cent hike [...] Continue Reading »

Maharashtra Housing Bill receives governor’s consent

Maharashtra Housing Bill receives governor’s consent
The much-debated Maharashtra Housing (Regulation and Development) Bill has inched towards implementation as it received a verbal consent to the contents of the bill from governor K Sankarnarayanan. Approved by the state legislature in the monsoon session of the assembly, the bill had been sent to the governor’s office for consideration. Based on a representation [...] Continue Reading »

Maharashtra government to recover VAT from flat owners

Maharashtra government to recover VAT from flat owners
Over four lakh flat owners in Maharashtra, who had bought properties between June 20, 2006 and March 31, 2010, may have to pay Value Added Tax (VAT) to the state government. As the state government plans to recover VAT, a trade circular is issued by the Maharashtra sales tax commissioner on August 6. The tax [...] Continue Reading »



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