Property tax 2014
The Union Budget 2014-15 has given a noteworthy boost to the real estate and infrastructure sectors of the country. Among the key proposals of the government in the recently-presented Budget are tax incentives for two new investment products — Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs). The proposed tax incentives for REITs and InvITs will [...] Continue Reading »
During the current financial year 2013-14, the property tax collected by the Nashik Municipal Corporation (NMC) has increased by 14.37% as compared to last year’s figures. In the financial year, the NMC has collected property tax amounting to Rs 71.74 crore, which is 14.37% more than the previous financial year. In 2012-13, NMC had collected [...] Continue Reading »
