taxpayers
Delhi- The government has strictly warned all taxpayers to disclose their true income and those who fails would be receiving notices from the Income Tax Department. Since the tax collected was very less in April-November, it asked taxpayers to file correct returns by December 15, when the third instalment of advance tax is due. The [...] Continue Reading »
Nagpur- As soon as the Nagpur Municipal Corporation (NMC) proposed cash value-based property tax technique, they committed that the stress will be more than twice the existing tax and thrice the current taxes pertaining to business oriented taxpayers. However, the tax may rise if anyone includes the 20-30% additional tax for essential services. If the [...] Continue Reading »
Nagpur Municipal Corporation (NMC) is on its course to implement the new model of calculating property tax. The proposed model is known as ready reckoner based property tax, which is in reality a capital based property tax. NMC has created various categories of taxpayers according to the respective location of each property. The scheduled general [...] Continue Reading »
