Revenue from property tax
The South Corporation has decided to come up with ‘Unique Property Identification Code’ so that the revenue can be effectively increased and improved further. This will be done in order to bring the properties under the tax net. Recently, a memorandum of understanding has been signed by the civil agency with a private firm. This [...] Continue Reading »
The tax department of the Pune Municipal Corporation (PMC) has launched a drive to recover property tax dues from property holders. The department collected dues worth Rs 5 crore over the last few days. In a press statement issued by the tax department, it has been stated that the department will form 10 squads to recover [...] Continue Reading »
In a bid to increase revenue as well as to address the issue of illegal building, the Kochi Corporation is planning to allot building numbers to all unauthorized buildings and then impose penalty three times the normal tax on the owners. Both residential and commercial buildings constructed without prior approval from the civic body would [...] 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 »
At the meeting of Delhi CM Sheila Dikshit and the deputy chairman of planning commission for finalization of the city’s annual plan, city authorities informed the Planning Commission that RWAs and group housing societies will be entrusted with the task of collecting property tax in their localities. Authorities are hoping to improve the collection of [...] Continue Reading »
