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Tax in india’

State govt’s intervention on property tax urged

State govt’s intervention on property tax urged
The municipal commissioner RA Rajeev has sorted out the innervation of the state government to dismiss the resolution passed by the general body of Thane Municipal Corporation (TMC) regarding the proposed capital value based on property tax. The assessment of the  property tax is based on the rental value of the residential or commercial structure [...] Continue Reading »

DDA owes Rs 746 cr as property tax

DDA owes Rs 746 cr as property tax
According to South Delhi Municipal Corporation, Delhi Development Authority (DDA) owes Rs 746 crore in property tax with topping the list of property tax defaulters. Around 319 properties and 24 sports complexes in the city for which it is liable to pay property taxes. Housing societies such as HUDCO and CPWD are also found liable [...] Continue Reading »

MCG to issue house tax to increase revenue

MCG to issue house tax to increase revenue
As the government denied any financial assistance to the Municipal Corporation of Gurgaon (MCG), the local body, in order to raise its revenue through tax, is to issue house tax assessment notice to villages under its jurisdiction. Around 46,000 people live in 39 villages that come under the MCG’s jurisdiction and half of them has [...] Continue Reading »



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