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new property tax structure

Properties to come under tax net by South Corpn

Properties to come under tax net by South Corpn
The South Corporation has decided to come up with ‘Unique Property Identification Code’ so that the revenue can be effectively increased and improved further. This will be done in order to bring the properties under the tax net. Recently, a memorandum of understanding has been signed by the civil agency with a private firm. This [...] Continue Reading »

Property tax to go through reforms in Thane

Property tax to go through reforms in Thane
The Thane Municipal Corporation (TMC) is all set to reform property tax structure. Determined to go ahead with its plans to assess property tax based on capital value of structures, the civic body is likely to vie  for reforms in the tax structure. TMC’s legal department will file a signed affidavit that is to be [...] Continue Reading »

After-effects of the Adarsh scam-Building Plan takes a long time to get clearances

After-effects of the Adarsh scam-Building Plan takes a long time to get clearances
Developers are reeling from the after-effects of the Adarsh scam. After-effect of Adarsh Society Scam, BMC and state government departments refusing to clear files seeking approvals for major construction projects. New municipal commissioner Subodh Kumar has also tightened the screws on the manner in which files are being cleared and is believed to be working [...] Continue Reading »



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