Property tax serves as a significant revenue source for the Kanpur Municipal Corporation (KMC), also known as Kanpur Nagar Nigam. To streamline the process, municipal authorities have launched a user-friendly portal enabling the city’s … READ FULL STORY
Municipal corporations heavily rely on property tax as a primary revenue stream. To avoid accruing any outstanding dues, residents are required to fulfil their tax obligations on an annual basis. This article offers insights … READ FULL STORY
March 13, 2024: The Municipal Corporation of Gurugram (MCG) will offer a rebate of 15% for property owners who are still to pay property tax arrears. Also, the MCG under the waiver plan is … READ FULL STORY
The Patna Municipal Corporation (PMC) has extended the deadline by five days for paying property tax. While previously people had to deposit the property tax by February 24, now they can pay till February … READ FULL STORY
February 22, 2024: The Bruhat Bengaluru Mahanagara Palike (BBMP) on February 20, 2024, issued a draft notification proposing a new property tax calculation structure in Bangalore. The draft suggests replacing the existing ‘A, B, … READ FULL STORY
Tiruchirappalli also known as Trichy located in Tamil Nadu comes under the jurisdiction of the Tiruchirappalli City Municipal Corporation (TCMC). Divided into four administrative zones — Abhishekapuram, Ariyamangalam, Golden Rock and Srirangam — there … READ FULL STORY
Property tax is levied by the municipal corporation of an area. It is a major source of revenue and used in developing basic facilities and amenities in the area. Property tax in Gwalior is … READ FULL STORY
Property tax is levied on property owners by the local municipal bodies annually. A major source of revenue for the government, this is a compulsory tax to be paid by all property holders. The … READ FULL STORY
Property tax stands as a crucial revenue source for the Municipal Corporation Jalandhar. Recently, the Punjab government introduced the second phase of the One Time Settlement (OTS) scheme in the state. This comprehensive guide … READ FULL STORY
Residents in Patiala, Punjab, are obligated to contribute annual property taxes for their residential and commercial properties. Property tax in Patiala is a significant source of revenue for the Municipal Corporation, supporting the development … READ FULL STORY
February 6, 2024: The Maharashtra cabinet on February 5, 2024 announced that there will be no property tax hike in Mumbai city. According to media reports, a proposal to maintain status quo on the … READ FULL STORY
The Pune Municipal Corporation (PMC) has brought to light that the Maharashtra Metro Rail Corporation (Maha Metro), operational since March 2023, has not made any property tax payments for its metro stations and other … READ FULL STORY
Navigating India’s long list of different taxes can be perplexing, especially when distinguishing between property tax and wealth tax. Although the terms might seem interchangeable, they address distinct facets of financial portfolios. Both taxes … READ FULL STORY
