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Tax

Rise in Highway Development Costs

Rise in Highway Development Costs
The National Highway Authority of India (NHAI) is likely to face a push up in the costs levied by The Acquisition Act. The prevailing share of the land acquisition in 24% and this seems to take a rise to 25%-30% in the total project cost. NHAI officials said that in the past 3-4 years an [...] Continue Reading »

Hike in Property Tax for Commercial Establishments

Hike in Property Tax for Commercial Establishments
Enhancement of property tax has been on the cards of the municipal corporation for the past four years after formation of Greater Hyderabad. Since March was the financial year ending for the 2010-11, the municipal corporation has decided to hike property tax from the 2011-12 financial year. Two proposals were sent to the government separately. [...] Continue Reading »



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