property tax
New Delhi- The drum beating technique which was carried out in front of tax defaulters’ houses have not been that effective. Due to the non-payment of property taxes by the government and semi-government departments, the South Delhi Municipal Corporation (SDMC) will attach the bank accounts of all these offices to the civic body. As per the [...] Continue Reading »
For the first time in the country, the Karnataka government has launched an integrated mobile enabled service delivery system named ‘Sakala’. Residents can pay their electricity, water and mobile bills, and property tax via mobile phones. You can even pay traffic fines via mobile. After launching the service, Chief Minister said that this service will [...] Continue Reading »
Delhi-NCR- In an assumption concerning the trifurcation of Municipal Corporation of Delhi, the people of Delhi are expected to pay a heavy price. The East Corporation in the month of December proposed its budget with a slew of new taxes with a raise in property tax as well as parking fees. As per an official, the raise [...] Continue Reading »
During BSP regime in Uttar Pradesh, a housing scheme was introduced which had some loops in the agreement. A new board meeting is organized by three authorities in Gautam Budh Nagar to settle a new amendment in the housing scheme. The housing plots were available to all by just paying 10% of the total amount [...] Continue Reading »
Recently, the decision that had been taken to hike Pune property tax by 8 percent has been postponed by the standing committee of Pune Municipal Corporation (PMC). Baburao Chandere, chairman of the standing committee of PMC has stated that still more discussions and a special meeting are needed to come up with a plan. The [...] Continue Reading »
Thiruvananthapuram- On 12th December, comptroller and auditor general of India submitted a report in the state assembly which says that Kochi Corporation does not adopt transparency methods while assessing property tax in city. The report also stated variations in calculating property tax for similar properties in the same area. Other faults found includes lack of co-ordination between town and revenue [...] Continue Reading »
Delhi- NCR : Finance Ministry has asked Reserve Bank of India (RBI) to relax the provisional norms depending on the infrastructure of the buildings. This will help the banks to lend attractive home loans to the buyers. The rule is that all the banks have to keep aside an amount equal to the one percent [...] Continue Reading »
Gurgaon: Within the next one and half months, Municipal Corporation Gurgaon (MCG) is all set to collect the property tax from the residents of New Gurgaon areas. As the collection of tax was pending since 2008, the civic body is aggressive enough to collect the house tax. From now onwards, the civic body has decided to [...] Continue Reading »
Delhi: Under the budget estimate for 2013-2014, South Delhi Municipal corporation (SDMC) has spared a hike in property tax for their residents. The corporation will focus on the collection of property tax and will not increase the tax rate and no additional tax or surcharge will be applied. The corporation is trying to bring more [...] Continue Reading »
Hyderabad: The revision of property tax may be a relief for the owners of large number of commercial buildings in the city. Areas like LB Nagar, Uppal, Qutbullapur, Malkajgiri, Kapra, Vanasthalipuram, Kothapet, Kukatpally, Saroornagar, Karmanghat and Gaddiannaram may witness a fall of 25 – 30 percent in property tax. Documents presented at Greater Hyderabad Municipal Corporation [...] Continue Reading »
