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Areas under NDMC to pay double property tax

Areas under NDMC to pay double property tax
Delhi – North Delhi Municipal Corporation (NDMC) has proposed to double the  property tax in the area under its supervision. There is a hike of 170% in the base unit area value and 3-5 % increase in the rate of tax across all categories of colonies, as per the proposed budget by commissioner P K [...] Continue Reading »

Punjab govt to impose property tax

Punjab govt to impose property tax
All residential  and commercial properties, vacant plots and semi-built have come up into the purview of tax with Punjab government imposing property tax. A 10% early payment rebate will be given for all who pay property tax by June 30 every year, according to the ordinance. It added that heavy penalty will be imposed on [...] Continue Reading »

MCG to issue house tax to increase revenue

MCG to issue house tax to increase revenue
As the government denied any financial assistance to the Municipal Corporation of Gurgaon (MCG), the local body, in order to raise its revenue through tax, is to issue house tax assessment notice to villages under its jurisdiction. Around 46,000 people live in 39 villages that come under the MCG’s jurisdiction and half of them has [...] Continue Reading »



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