property tax
A fixed annual property tax rate for residential properties has been fixed by Greater Hyderabad Municipal Corporation (GHMC). GHMC came to this conclusion soon after holding discussions with the stakeholders. It has been learnt that in most of the situations the house owners are claiming to be residing in their properties despite of giving it [...] Continue Reading »
Indore Income Tax department is all set and ready to reveal the list of crorepati taxpayers. It seems that Indore city is witnessing unending list of billionaires. According to the income tax department, number of crorepati taxpayers has raised from 195 to 260 for the year 2011. These rich people are also generating lots of [...] Continue Reading »
The standing committee in Mumbai took a back step in passing on the property tax proposal. Understanding the modalities of the new property tax system has been a major issue. Therefore, to understand the administration, standing committee has asked the municipal department to come up with a presentation to get a clear picture of proposed [...] Continue Reading »
A tough task ahead for Pune Municipal Corporation (PMC), it has been ordered to collect Rs. 400 crores from tax defaulters within span of one month. However, the city tax department of PMC has till now collected Rs. 25 crores only. PMC has taken this task pretty seriously, as property tax is the main source of [...] Continue Reading »
Pune Nagrik Sanghatana (PNS) says that it is high time to clear all the property tax which is kept pending from years. Therefore, Pune Municipal Corporation (PMC) has been ordered not to hike the property tax for other five years. PMC has been initiated to concentrate on recovering the dues, however PNS has also encouraged [...] Continue Reading »
The Municipal Corporation of Gurgaon (MCG) were contended with the response received from the shop owners and residential property owners to pay the property tax. MCG managed to collect Rs 50,000 as property tax within one day. MCG officials claim that this was successful only because of them reaching doorstep and the property owners had [...] Continue Reading »
Are you planning to construct building with an heritage look? If yes, you’re sure to reap the best benefits by getting sanctioned 50 percent property tax exemption. Greater Hyderabad Municipal Corporation (GHMC) has declared 50 percent tax exemption norm in Hyderabad city. Andhra Pradesh Tourism Development Corporation has joined hands with GHMC to encourage people [...] Continue Reading »
Property tax goes mobile in Rajkot. Yes, now if you are buying a property in Rajkot, you can pay your property tax via your mobile phones. The Rajkot Municipal Corporation (RMC) is touted to be the first organization to introduce property tax collection through mobile phones. Atom technologies, a pioneer in mobile commerce solutions in [...] Continue Reading »
The service tax department in Mumbai traced that builders in the city had collected nearly Rs.50 crores as service tax but never seemed to have paid the same to the government. In concern with this trace, recently the service tax department collected Rs.20 crore from several builders in the city. These builders also promised to pay [...] Continue Reading »
If you have missed to pay your property tax, do it at the earliest. The Municipal Corporation of Delhi (MCD) tax inspectors are all set and ready to knock doors of defaulters to collect tax dues. MCD officials claim this as the last resort to collect tax from these defaulters. According to the data collected [...] Continue Reading »
