property tax

property tax News

Panel proposes property tax hike in South Delhi

If the recommendations are implemented, the new policy would be applicable retrospectively from April 1, 2019, officials said.

Delhi: Like last year, North body budget talks of hiking property tax

But officials not sure that plan might see light of day in an election year

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Property tax hike, professional tax among proposals in south body budget

The other highlights of the budget are: starting a smart classroom, engineered landfill site at Okhla, segregation of waste in at least 40 wards, 20 new automated multi-level parking spots, cremation centres and sterilisation units for dogs.

Chandigarh administration implements property tax in remaining five villages

The commercial properties in all the sectors of Chandigarh are divided into different zones and the tax is calculated according to the built-up area with the rate as per the zone.

Chandigarh: Last date expires, eight govt depts fail to deposit property tax

The government departments have not been paying the property tax for the last three years but the MC failed to take any action. In the case of private properties, the MC seals the properties in case the owners fail to deposit the property tax.

Facing decreasing revenues, Pune Municipal Corporation reluctant to extend property tax discount for plantation drives

The state government has allowed its various departments to spend 0.5 per cent of their total budget to implement the e-governance programme to digitise their operations and on the same lines, they are now allowed to spend 0.5 per cent of the budget to implement the tree plantation programme.

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Chandigarh: Pay Rs 4.16 crore property tax before July 31, civic body tells UT

The property tax dues have been pending since 2013 when the administration had notified the imposition of property tax on residential buildings.

Property tax: Now, BMC to send flat owners individual bills

According to the current system of assessing property tax, the civic body issues a single bill to a housing society. The society’s executive committee then divides the bill amount among members, collects their payments and makes the payment.

Amnesty for those who pay property tax dues before March 31

The civic body’s move to waive interest is aimed at encouraging more people to come forward and pay tax, and boost its finances. 

Shiv Sena’s proposal of property tax waiver to cost BMC Rs 600 crore

The BMC is likely to incur a loss of Rs 340 crore on property tax collected from houses measuring 500 square feet. The 60 percent concession on on houses between 500-700 square feet is expected to set the collection back by another Rs 257 crore.

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