property tax
Pune Municipal Corporation (PMC) recently recovered Rs 5 crore, however the fact is that property tax is the important source of income for PMC. The tax collection drive seems not to end at this, PMC has a long way to go ahead and collect nearly Rs. 400 crores more. These cases are still on pause [...] Continue Reading »
Purchasing a second home is hundred times better idea than investing on a new property says real estate experts. This is said to work better when it is in consideration of urban family. The main agenda behind this is that, the property tax will be less compared to the newly built house. Its definitely a [...] Continue Reading »
Mayor B. Kartika Reddy reported in concern with the property tax hike to media saying that, tax enhancement should not be done and the other officials also agreed to the same saying that the government has decided no to hike the property tax as the property buyers are already bearing the trauma of price hike [...] Continue Reading »
The Municipal Corporation of Delhi (MCD) has come forward to favor its residents in Delhi in concern with recent hike in property tax has decided to take alternative measures to pull down the property tax payments. However the confusion prevailing is that the property tax payment is entirely different in comparison between the rural belts [...] Continue Reading »
Many of the Surat Municipal Corporation (SMC) officials have resigned as the property tax drive is on high alert. They seem to have been listed under flouting norms in concern with the proper tax payment. The traces have been working on a flow to check on the city municipal officials and according to a recent [...] Continue Reading »
The determination of property tax evasion has been carried out by the flat owners in Indore. Meanwhile the Indore Municipal Corporation (IMC) has sealed nearly 60 shops including several residential buildings and it has detected several other sectors and yet to be sealed. Deputy Commissioner M P S Arora directed the sealing drive in Indore [...] Continue Reading »
An aggressive act has been upheld by Bruhat Bengaluru Mahanagara Palike (BBMP) in Bangalore with the pending payment of property tax yet to cleared by the builders and house owners. Henceforth the BBMP Commissioner Mr Siddiah had conferenced a meeting in presence with all the BBMP officials recently to trace down the percentage of pending [...] Continue Reading »
Changing times call for a change in the ways in which living spaces are rented out by people. While making background checks on potential tenants is a must, there are other legal responsibilities which come as a duty call for prospective house owners. There are few social responsibilities to be taken initiative by the house owners [...] Continue Reading »
Ahmedabad Municipal Corporation (AMC) officials recently sealed nearly 242 commercial properties in the Ahmedabad city. The shop owners were restrained who defaulted their property tax and this continued for ten consecutive days. East, west and new west zone commercial properties were sealed and during the sealing drive nearly 1,600 properties in the city were found defaulting the [...] Continue Reading »
The civic agencies in Delhi have planned to introduce new property tax schemes for the welfare of the property tax receivership. The Municipal Corporation of Delhi (MCD) is providing one last chance for the individuals who have dues pending in concern with the property tax. Rateable Value Method (RVM) is used by the officials to calculate property tax. The [...] Continue Reading »
