Property tax in Chennai
Chennai – If you are there in tax defaulters’ list, then very soon a town crier may enter your locality and announce the whole world about your tax secrets. Traditionally town crier or bellman were the chief means of news communication. They were employed to make public pronouncements as required by the court and also [...] Continue Reading »
The Chennai Corporation has made arrangements for property tax payments at counters of any of the 146 branches of three designated banks from today onwards. It was planned earlier but delayed due to technical glitches. However, the facility will be started with three banks: Indian Overseas Bank (74 branches), City Union Bank (31 branches) and [...] Continue Reading »
A resolution has been passed by the Chennai Corporation recently, which talks about constitution of a committee for assessment of property tax in the city. Now, the Additional Commissioner (Revenue and Finance) of the Corporation has been given power to assess property over 50001 sq ft in both residential and non- residential domain. Additional revenue [...] Continue Reading »
The area of the Chennai city has grown around 250% in times. But the tax collected by the city corporation has been dropped by 5% in last fiscal year. The officials say the technical problem and the stuff crunch are main causes for the less collection of tax. Till march 31, the tax collection target [...] Continue Reading »
Chennai Corporation in a step to minimize the property tax assessment and collection procedure has come up with a new idea. The authority is soon going to launch a GIS based survey system for property tax. Soon, the corporation has plans of calling for tenders for property surveys in Adyar zone having 13 wards. About [...] Continue Reading »
Soon, paying property tax in Chennai is going to be an easier task, thanks to the city corporation. The Chennai Corporation has taken this initiative of appointing at least five public and private sector banks for collecting payment of property tax. The facility is planned to be launched after Pongal. The participating banks would be [...] Continue Reading »
