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Category: Taxation

Home » Must Knows » Taxation » Page 6

Taxation
By Harini BalasubramanianAugust 7, 2024

How to pay house tax in Panjim?

Panjim or Panaji is the capital of Goa. The Directorate of Municipal Administration (DMA), Goa, is responsible for providing various civic services and collecting property tax from property owners in the city. Panjim house … READ FULL STORY

Taxation
By Anuradha RamamirthamDecember 4, 2024

FM gives choice to property owners-20% LTCG with indexation or 12.5% without indexation

One of the most debated points of Budget 2024-25 was the proposal made by the finance minister Nirmala Sitharaman to change long -term capital gains (LTCG) tax rate to 12.5% for all financial and … READ FULL STORY

Legal
By Dhwani MeharchandaniAugust 6, 2024

What happens if you don’t pay property tax for 10 years?

Property tax is crucial for funding essential services like sanitation, public safety, and infrastructure. Local authorities collect property tax to improve the quality of life, and homeowners must ensure timely payments. Failing to pay … READ FULL STORY

Taxation
By Dhwani MeharchandaniAugust 6, 2024

How to pay property holding tax Puri?

Holding tax in Puri, Odisha, is a compulsory tax imposed by the local government on property owners. This tax applies to all immovable properties, including buildings and lands. The revenue collected from holding tax … READ FULL STORY

Taxation
By Anuradha RamamirthamAugust 6, 2024

How to change your name on property tax records?

What is a property tax? It is a mandatory tax that property owners should pay annually. The amount paid to the local bodies is used for improving the infrastructure of the area. The municipal … READ FULL STORY

Taxation
By Harini BalasubramanianAugust 2, 2024

Satara Property Tax online payment guide

Satara is a city located in the Satara district of Maharashtra. Property prices in Satara are quite affordable, which attracts several property buyers to the city. If you are planning to buy a property … READ FULL STORY

Taxation
By Dhwani MeharchandaniJuly 30, 2024

How to pay Thoothukudi property tax?

Residents of Thoothukudi, Tamil Nadu, play a crucial role in the city’s development by paying property tax. Managed by the Thoothukudi Corporation, this tax revenue is utilised for providing essential public services, such as … READ FULL STORY

Taxation
By Shinjita GhoshJuly 31, 2024

Annual schedule of rates: A floor for property prices

The Annual Schedule of Rates (ASR) might seem like a bureaucratic formality, but it plays a surprising role in the property market. Set by the government, the ASR acts as the minimum value assigned … READ FULL STORY

Legal
By Sanskrati GuptaJuly 26, 2024

Know the legal and taxation aspects before you sell a residential property

Selling a house isn’t just about finding someone to buy it; you also need to understand the legal and tax rules to make sure everything goes smoothly. Knowing these rules can help you avoid … READ FULL STORY

Taxation
By Dhwani MeharchandaniJuly 29, 2024

How to pay Tiruppur property tax?

Residents of Tiruppur can conveniently pay their property tax online through a user-friendly portal provided by the Commissionerate of Municipal Administration (CMA), Tamil Nadu. This new system removes the need for in-person visits to … READ FULL STORY

Taxation
By Anuradha RamamirthamJuly 26, 2024

How to pay property tax in Thanjavur?

All the property owners in Thanjavur should pay an annual property tax. Property tax is mandatory and should be paid every year whether it is self-occupied or rented and irrespective of residence type (residential, … READ FULL STORY

Taxation
By Sagar SharmaFebruary 1, 2025

Budget 2025-26: What are the current income tax slabs?

In the Union Budget 2025-26, Finance Minister Nirmala Sitharaman announced significant changes to India’s income tax structure, aiming to enhance the spending power of the middle class and stimulate economic growth. The budget raises … READ FULL STORY

Taxation
By Harini BalasubramanianJuly 23, 2024

Kolar property tax online payment guide

Kolar is a city in Kolar district of Karnataka. The Kolar City Municipal Council (KCMC) is responsible for collecting property taxes in the city. All property owners – whether residential or commercial – must … READ FULL STORY

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