property tax
Nagpur Municipal Corporation (NMC) is on its course to implement the new model of calculating property tax. The proposed model is known as ready reckoner based property tax, which is in reality a capital based property tax. NMC has created various categories of taxpayers according to the respective location of each property. The scheduled general [...] Continue Reading »
Deccan Chronicle has covered and hailed commonfloor.com and the efforts put by the three visionaries – Sumit Jain, Lalit Mangal and Vikas Malpani, to make it happen. Commonfloor.com, a platform for apartment owners which brings together residents of apartments to discuss issues and sort out problems, was launched in December, 2007. It has become one [...] Continue Reading »
Amravati Municipal Corporation (AMC) held its general body meeting in which key decisions were taken regarding industrial incentives and Below Poverty Line (BPL) facilities. AMC is planning to give concession on local body tax (LBT) and house tax to the industries in the Maharashtra Industrial Development Corporation (MIDC). In the general body meeting, decision has [...] Continue Reading »
The number of online taxpayers under the jurisdiction of North Delhi Municipal Corporation has significantly increased this year as compared to last year. According to the North Corporation, 1.83 lakh people have paid property tax online, while 1.41 lakh people deposited tax over the counter in the last eight months. The number of online tax [...] Continue Reading »
While the Bruhat Bangalore Mahanagara Palike (BBMP) announced to start the tax collection drive, it was alleged that it had targeted lower and middle class to collect property tax. Now, the BBMP has come up with the list of 20 major property tax defaulters, who owe almost Rs 16.58 crore to the civic agency. Big [...] Continue Reading »
The Bruhat Bengaluru Mahanagara Palike (BBMP) has started an extensive drive to collect dues from property tax evaders from the city. The civic body has begun the drive as they are taking a strict stand against tax evaders. The municipal commissioner stated that they will start to seize properties of those who refuse to pay [...] Continue Reading »
Bidhannagar Municipality is all set to restart the process of collecting property tax in Kolkata. The civic body had started collecting taxes in March, but the tax collection process had to be stalled a couple of weeks later after some confusion over tax calculation came out. Now the officials have declared that they are to [...] Continue Reading »
Serious flouting of responsibilities of public officials came out in the open in inquiries carried out by Corporation of Chennai. Inquiries have shown that in several cases, assistant revenue officers in the zonal levels do not deposit property tax cheques on time. As a result, residents are fined for late payment. Top Corporation officials suspect [...] Continue Reading »
Civic authorities in Delhi have taken a strong stand against property tax defaulters. The South corporation has attached the bank accounts of 114 properties, which have been defaulters. People and organisations with the highest amount of pending payments have been targeted by the authorities. Most of them had not paid taxes for years despite repeated [...] Continue Reading »
The Nagpur Municipal Corporation (NMC) has asked property owners who do not have water connections to pay extra property tax to make up for the delay in hiking general water tax. Owners in some localities do not have the water connection. As NMC has started to distribute property tax bills for this fiscal, property tax [...] Continue Reading »
