Tax
The fight between North and South Delhi Municipal Corporation for the ownership of the Civic Centre getting murkier day by day. With the North Corporation demanding property tax from South Corporation against the use of premises at the 28-storey building, the South Corporation is questioning the ownership claims of North Corporation over it. The South [...] Continue Reading »
Residents residing in privately developed localities such as DLF, Sushant Lok, South City, Ardee City, Sun City, Nirvana Country, Palam Vihar and in other areas should pay the house tax to the Municipal Corporation of Gurgaon at the earliest. Government is now strict about the collection of house tax within the municipal limits, a senior [...] 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 »
Delhi – North Delhi Municipal Corporation (NDMC) has proposed to double the property tax in the area under its supervision. There is a hike of 170% in the base unit area value and 3-5 % increase in the rate of tax across all categories of colonies, as per the proposed budget by commissioner P K [...] Continue Reading »
Kanpur- City mayor, Jagatveer Singh Drona announced a meeting of Kanpur Municipal Corporation officials on Dec 15 to discuss the matter regarding the increment in house tax. Nagar nigam officials finalised an increment of 10 to 15 per cent on annual letting value of the house last month. However, many corporators opposed the tax hike [...] Continue Reading »
The Pune Cantonment Board is clicking properties pictures to check if it is used for industrial or residential purpose. For the first time this is being done to maintain transparency in property tax and to make an assessment for 2011-2014 property tax. PCB started off with providing notices to 12, 000 property owners. The notices [...] Continue Reading »
Chandigarh- At least for one year the citizens need not have to worry about paying property tax. The Congress made sure that the property tax item was taken out of the checklist for house meeting. Sources explained that MP Pawan Kumar Bansal advised councillors towards raking the concern in 2013. In the meeting it was made clear [...] Continue Reading »
Gurgaon- In a recent announcement concerning the new tax policy, it was insisted by the zonal taxation officials that residents ready to pay their arrears for the financial years 2008-09 and 2009-10 should follow the old tax policy. However, the residents are not quite happy with that as the tax amount is much lesser when calculated as [...] Continue Reading »
