Tag: #Unit Area Assessment (UAA)

The city of Kolkata has granted more time to transition to the new property tax system.

January 17, 2023

KOLKATA: The Kolkata Municipal Corporation (KMC) assessment department has decided to extend the deadline for switching to the new system in order to bring more taxpayers under the Unit Area Assessment (UAA) system for determining property tax. Though the civic leadership does not want an official announcement, the tax conversion process will continue, according to […]

The city of Kolkata has granted more time to transition to the new property tax system.more

Kolkata’s municipal government raises property taxes due to a lack of funds.

January 6, 2023

KOLKATA: Faced with a severe revenue shortfall, the Kolkata Municipal Corporation has decided to raise the property tax structure under the unit area assessment (UAA) system throughout the city, affecting nearly 9 lakh property owners. According to a KMC revenue department proposal approved at the mayor-in-council meeting on Wednesday, the base unit of area value, […]

Kolkata’s municipal government raises property taxes due to a lack of funds.more