Tag: #Property Tax

Property Registration

PMC: Pune citizens can now access property tax bills through digital platform.

April 2, 2020

The civic body took to the digital platform to issue property tax bills for the new fiscal (2020-21) after the current lockdown hindered it from printing and dispatching more than 10.5 lakh of them. The Pune Municipal Corporation (PMC) has now begun uploading the bills to the property tax payment network that can be accessed […]

PMC: Pune citizens can now access property tax bills through digital platform.more
Tax Relief

South Delhi announces tax exemption for residents of the illegal colonies.

March 16, 2020

An amnesty scheme has been declared by South Delhi Municipal Corporation to provide relief for inhabitants of unauthorized colonies. SDMC Mayor Sunita Kangra clarified that, under the terms of the scheme, the unpaid tax in respect of residential property in unauthorized colonies would be exempted from payment by paying just the current year’s tax. “In […]

South Delhi announces tax exemption for residents of the illegal colonies.more
K Chandrasekhar Rao

Telangana CM plans to hike property tax following improvements in Villages and Cities services.

March 14, 2020

Days after hinting at jacking up the power tariff and other taxes, chief minister K Chandrasekhar Rao declared on Friday at the assembly that property tax would be hiked in gram panchayats and municipalities. According to the chief minister, the TRS government had the guts to first tell the people and then raise the tax […]

Telangana CM plans to hike property tax following improvements in Villages and Cities services.more
Property Tax

BMC intends to retrieve Rs 10 crore tax from Nirav Modi’s properties.

March 6, 2020

In a desperate bid to recover Rs 9.42 crore, owed by alleged economic offender Nirav Modi as property tax, the BMC has written to the Enforcement Directorate seeking to be paid as soon as the agency auctions the three commercial properties of the elusive diamantaire. A senior civic official said BMC has the first claim […]

BMC intends to retrieve Rs 10 crore tax from Nirav Modi’s properties.more
Tax Relief

NMC introduces 5% tax rebate on prompt tax payments.

February 18, 2020

The Nashik Municipal Corporation (NMC) chose to introduce an incentive of up to 5% on the prompt payment of property tax bills for the first quarter of the financial year 2020-21 to collect a maximum property tax. When you pay online, you can get another 1% tax rebate. Those who pay their annual tax in […]

NMC introduces 5% tax rebate on prompt tax payments.more
Property Tax

Kolkata local body enforces strict law upon tax delays.

February 12, 2020

Kolkata Municipal Corporation (KMC) would adopt a two-way strategy to tackle a group of real estate developers who breach municipal laws that eventually hinder apartment owners. First, any tax delays must be paid by the builder and not the buyer. Second, until the KMC provides the developer with a clearance certificate (CC) a buyer cannot […]

Kolkata local body enforces strict law upon tax delays.more
Property Tax

Hilltown with green buildings will get a 50% tax rebate on property tax.

February 2, 2020

In the hill town, there is a new format of property tax, which gives green buildings a 50% exemption. Under the new rules, the Dharamshala Municipal Corporation’s (DMC) meeting of the General House decided on 30 January all families below the poverty line and cowsheds were exempted from paying property tax. When approached, Devender Jaggi, […]

Hilltown with green buildings will get a 50% tax rebate on property tax.more
Property Auction

Municipal Commissioner auctions government properties to recover outstanding tax dues.

February 1, 2020

On January 30 Tukaram Mundhe, Municipal Commissioner, ordered the Property Tax Division of Nagpur Municipal Commissioner (NMC) to auction government property in order to recover taxes. After a review of the property tax department, he published the guidance. Currently, 314 properties are owned by the central government and property tax dues of Rs 37.86 crore […]

Municipal Commissioner auctions government properties to recover outstanding tax dues.more
Property Tax

Delhi/NCR extends property tax filing to 31st January.

January 7, 2020

The deadline for filing property tax has been extended by one month to 31 January. “People who haven’t filed the property tax can deposit it and get a 10% tax rebate. Defaulters properties will be sealed and later auctioned when they fail to pay property taxes on time.” said, MCG Chief Vinay Pratap Singh. Property […]

Delhi/NCR extends property tax filing to 31st January.more
Property Tax

BMC has not yet dispatched Property bills with ‘Waiver’ which was announced 5 months ago.

September 19, 2019

By Abhay Shah, Realty Quarter It has been more than five months since the announcement of a new property tax bill spanning 500 sq ft or less from the Brihanmumbai Municipal Corporation (BMC) has been done, meanwhile, this has not yet happened by the municipal authority. The press release announcing the delivery of the proposal […]

BMC has not yet dispatched Property bills with ‘Waiver’ which was announced 5 months ago.more