property tax rate
In the new budget announced by Finance Minister Arun Jaitley, there is a provision that imposes short-term capital gains tax on unlisted capital assets held for less than three years. Currently, an asset would be a short-term capital asset or a long-term capital asset if it has been held for less than a year or [...] Continue Reading »
Families of retired ex-servicemen will be entitled to further exemptions added to the prevailing ones as the State government has decided to waive 50 per cent of the property tax for their houses or land. According to the Karnataka Municipalities and?Certain Other?Law (Amendment)?Act, 2011, an ex-serviceman is defined as a person who has served in [...] Continue Reading »
