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SDMC to include more properties in tax net

SDMC to include more properties in tax net
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »

Property tax fall in Hyderabad areas

Property tax fall in Hyderabad areas
Hyderabad: The revision of property tax may be a relief for the owners of large number of commercial buildings in the city. Areas like LB Nagar, Uppal, Qutbullapur, Malkajgiri, Kapra, Vanasthalipuram, Kothapet, Kukatpally, Saroornagar, Karmanghat and Gaddiannaram may witness a fall of 25 – 30 percent in property tax. Documents presented at Greater Hyderabad Municipal Corporation [...] Continue Reading »

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 »



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