property tax
Second phase of the tax collection in Kochi has started recently. Kochi Corporation has hopes of achieving the Rs 100 crore target for the current financial year. Out of Rs 100 crore, around Rs 45 crore was being collected in the first phase of Aug- Sept 2011. The main share of the collection will be [...] Continue Reading »
Property tax defaulters have no rescue in Bangalore. After the recent drum beats by Bruhat Bangalore Mahanagara Palike (BBMP) to wake up the tax defaulters, the civic body has now decided to take out their names on paper. Ones who have dues between Rs 1 lakh and Rs 2.71 crore have been sent the list [...] Continue Reading »
Rajkot Municipal Corporation (RMC) has now taken an innovative initiative for its denizens! From now onwards, if it is a burden, then no need to pay property tax as a whole amount. The civic body has suggested to allow payers to pay property tax in six installments from April 1 to September 30. No other [...] Continue Reading »
Property tax collection is the only one domain which has been lagging behing in recent times. For this purpose, councillors of Municipal Corporation of Delhi (MCD) have suggested to send the bills to every house like electricity and telephone bills. Since the tax is not being paid regularly, the civic body has to face a [...] Continue Reading »
Property owners in Hubli-Dharwad provinces get ready to bear the burnt of property tax hike again! Time and again round the clock property tax rates is increasing living the property owners worried. The Hubli-Dharwad Municipal Corporation has proposed for the increase of property tax! The property tax hike will be applicable to commercial, residential and [...] Continue Reading »
Red notices will be issued to the property tax defaulters who have kept payment pending since long time. Greater Hyderabad Municipal Corporation(GHMC) will be heading the initiative of issuing red notices in Hyderabad. A target of Rs.650 crore has been kept by the municipal corporation, however not even half of it has been collected till [...] Continue Reading »
The Mangalore City Corporation (MCC) is being blamed for its incomplete work kept pending in property tax collection. Even though its the responsibility of MCC to keep track of regular property tax collection, there is a huge pending tax payers list in the office. Higher officials renewing the work of MCC, expressed concerns towards the [...] Continue Reading »
The revenue department of Chennai Corporation has come forward with a better plan of sending e-mail statements in concern with property tax. This initiative is to maintain better accountability and transparency in tax collection. From now onwards, tax payers will be asked to register their contact numbers and e-mail ID in order to remind them [...] Continue Reading »
The Mayor of Hyderabad has allocated a budget of Rs 3,600 crore to GHMC for the fiscal year 2012-13. Earlier this budget was proposed to be Rs 2,934.99 crore by the GHMC commissioner. But the civic body’s standing committee urged it to be Rs 3,600 crore raised by Rs 300 crore from previous year’s budget. The [...] Continue Reading »
Nobody is spared from paying property tax, neither a common man nor a king. The quote holds true as the Bruhat Bengaluru Mahanagar Palike (BBMP) has put a huge tax of around Rs 1 crore on the family of Mysore Maharaja, Jayachamaraja Wadiyar. The tax has been levied on their litigated land in Palace Grounds [...] Continue Reading »
