Taxes
Sources reveal that Maharashtra chief minister Prithviraj Chavan is not in favour of extending the deadline for paying value added tax (VAT) or reducing the tax rate on flat purchases. As the order of paying VAT has been handled by the high court, the chief minister does not want to extend the deadline or reduce [...] Continue Reading »
The property tax department of Pimpri Chinchwad Municipal Corporation (PCMC) has collected Rs 167 crores this financial year. There was a rise of Rs 50 crore in collection compared to the same period last year, Shahji Pawar assistant commissioner and chief of property tax department. Residents will have to pay the property tax of six [...] Continue Reading »
The Greater Hyderabad Municipal Corporation (GHMC) is planning to double the tax, so the residential property owners have to pay more tax. According to the authorities, property tax of commercial properties in L B Nagar, Uppal, Malkajgiri and Qutubullapur municipal circles may be cut by 15-20%. GHMC is to raise minimum property tax to 80 [...] Continue Reading »
Thane Municipal Corporation (TMC) commissioner R A Rajeev has offered a 5% property tax reduction to housing societies who reduce their waste by more than 50% and recycle the waste generated in their compounds. More than 700 plus metric tonnes of waste is generated every day and dumped into the private landfills or illegally burnt [...] Continue Reading »
The South Municipal Corporation has found out a new way to ensure that the notice of property tax is delivered to the tax evaders. They have organised a team of officials to serve notice to tax evaders and this process will be recorded in video. In case a property owner approaches the court saying that [...] Continue Reading »
Due to a software problem, Brihanmumbai Municipal Corporation‘s (BMC) plan to send out property tax bills by September has been delayed. The property tax bills are likely to be delivered to citizens in November. The BMC has demanded the software developer to hand over the software by October 15. Once the software is acquired, there [...] Continue Reading »
Orders were given by the Mayor of Allahabad, Abhilasha Gupta to extend the date of concession in house tax till October 31. The date of filing objection to the house tax was also extended till October 15. The orders were passed after complaints made by people and corporators stating that most of them haven’t got [...] Continue Reading »
The Nagpur Municipal Corporation (NMC) general body has passed the proposal to implement the new property tax system based on the capital value of properties. The assessment value has been fixed at 0.1 per cent of the capital value. The final report will be submitted to the general body after forming an all party committee [...] Continue Reading »
Four residents of Bhagwat Nagar in Patna have gone on fast-unto-death to protest the anti-encroachment drive by Patna Municipal Corporation (PMC) and district administration. The civic authorities have started the demolition drive complying with the order of the Supreme Court. As many as 266 houses were built allegedly in the locality without their design approval [...] Continue Reading »
The e-payment property tax facility introduced in Hubli-Dharwad 6 months ago has failed to create an impact. The e-payment facility was initiated by the Hubli-Dharwad Municipal Corporation (HDMC) to make the system hassle free and people friendly. Most of the citizens prefer the manual method of paying their property tax. The studies have shown that [...] Continue Reading »
