property tax
Hyderabad-The meeting scheduled for December 1 is expected to create a furor with the opposition as the Government of Hyderabad has been dawdling on the payment of property tax of its buildings. The current pending amount of the property tax on the government buildings stands up to Rs. 1,000 crore. Around 1,186 buildings are occupied by the [...] Continue Reading »
The property tax assessment will be shortly presented to chief minister Prithviraj Chavan and a meeting will be held after a heated discussion between the corporators from the Shiv Sena and NCP. The members of two parties had almost verbal confrontation after the municipal commissioner RA Rajeev spoke and sought the state government intervention to [...] Continue Reading »
The municipal corporations are finding it difficult to check structural safety of buildings as only less than 5% of property owners applying for completion certificates. The civic agencies are planning to convince the people of the country to incur the completion certificate. S.S. Yadav, commissioner, East Delhi Municipal Corporation said that in Hyderabad the owners [...] Continue Reading »
Around 27 shops that have evaded property tax for two years are now under the scanner of Indore Municipal Corporation (IMC). The shops are located at Shagun, one of the commercial buildings in the posh Scheme No 54 area. It was recorded by an assistant revenue officer that 27 shops, sized between 700 to 3,200 [...] Continue Reading »
The property tax is likely to witness an increase in both residential and commercial properties. A draft of the proposed rates will be issued a day before Diwali. The property owners may have to pay more tax for the second half of the year (October-March). If the proposal is accepted, the minimum tax for residential [...] Continue Reading »
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 »
The municipal commissioner RA Rajeev has sorted out the innervation of the state government to dismiss the resolution passed by the general body of Thane Municipal Corporation (TMC) regarding the proposed capital value based on property tax. The assessment of the property tax is based on the rental value of the residential or commercial structure [...] Continue Reading »
According to South Delhi Municipal Corporation, Delhi Development Authority (DDA) owes Rs 746 crore in property tax with topping the list of property tax defaulters. Around 319 properties and 24 sports complexes in the city for which it is liable to pay property taxes. Housing societies such as HUDCO and CPWD are also found liable [...] Continue Reading »
The Bidhannagar (Salt Lake) municipality has collected Rs 80, 81,000 as property tax and started sending bills to all the residents. Around 1,696 owners have paid property tax accounted to Rs 80,81,000 till the last day of October. According to the municipality chairman Ashesh Mukherjee, the municipality is expecting to collect Rs 9 crore as [...] Continue Reading »
South Delhi Municipal Corporation (SDMC) has attached rent of 50 properties in Omaxe Square – an office centre in South Delhi. The 50 properties of different owners on second floor of Omaxe Square have been rented out to Wipro. The officials said 50 property owners collectively owe Rs 19,14,616 to the corporation. The property tax [...] Continue Reading »
