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Property Tax Hike

Property tax to be accepted by BBMP through cheques

Property tax to be accepted by BBMP through cheques
Bruhat Bangalore Mahanagara Palike (BBMP) will start accepting property tax through for 2014-15 through cheque, demand draft and pay order. A few citizens’ groups and senior citizens appealed to the BBMP officials to provide the option of payment through cheques. In case of payment by cheque, temporary acknowledgement will be given at first. After the [...] Continue Reading »

Property tax hike proposal a worry to the IT industry

Property tax hike proposal a worry to the IT industry
New-Delhi- With the Chennai Corporation hiking the property tax, the IT companies  are quite worried off late  and are planning to meet the senior state government officials in a day or two pertaining the issue. A tax hike of about 50 to 200 percent was imposed on the IT industries. According to a senior official from an [...] Continue Reading »

AMC likely to double property tax for residential properties

AMC likely to double property tax for residential properties
Ahmedabad- The Ahmedabad Municipal Corporation (AMC) has proposed a 100 percent hike in tax for residential properties and 45 percent for non-residential properties. The annual property tax for residential buildings is likely to be raised from Rs 10 to Rs 20 per square metre. And for non-residential properties, the tax will be raised from Rs [...] Continue Reading »

New property tax in Mumbai is under HC scanner

New property tax in Mumbai is under HC scanner
The capital value-based regime and contending new property tax rule of Mumbai goes to High Court for proper justice. In a petition the applicant has said to the court that the present tax hike for the properties in Mumbai is unequal and is injustice to certain property-owners in the city. Under the new tax regime, [...] Continue Reading »

Property tax hike in Delhi Metro lines

Property tax hike in Delhi Metro lines
Property tax hike again for the people who are residing in the close proximity to Metro lines in New Delhi. So, people residing in the metro way get set and ready to shell out more on the property tax! However this suggestion comes from the state governments‘ opinion on levying additional land and taxes near [...] Continue Reading »

Seems no end to property tax hike!

Seems no end to property tax hike!
Property owners in Hubli-Dharwad provinces get ready to bear the burnt of property tax hike again! Time and again round the clock property tax rates is increasing living the property owners worried. The Hubli-Dharwad Municipal Corporation has proposed for the increase of property tax! The property tax hike will be applicable to commercial, residential and [...] Continue Reading »

Property Tax enhancement not be done says Mayor in Hyderabad

Property Tax enhancement not be done says Mayor in Hyderabad
Mayor B. Kartika Reddy reported in concern with the property tax hike to media saying that, tax enhancement should not be done and the other officials also agreed to the same saying that the government has decided no to hike the property tax as the property buyers are already bearing the trauma of price hike [...] Continue Reading »

Property Tax Hike starting April 2012 in Hyderabad

Property Tax Hike starting April 2012 in Hyderabad
The Greater Hyderabad Municipal Corporation (GHMC) commissioner appealed to the people not to purchase unauthorised constructions. He said building plans would be made available at all citizen service centres soon. On footpath encroachments, commissioner said removal of encroachments would be taken up in the first week of every month for the next four to five [...] Continue Reading »



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