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MUNICIPAL VALUATION COMMITTEE
Delhi high street retailers push NDMC to rework property taxAt the New Delhi Municipal Corporation (NDMC) under which these markets come, the property tax is up to 25% of the rent collected while in ...- Buying agricultural land near a city? Key income tax rules you must knowAn ITAT ruling clarified that stamp duty valuation doesn't define agricultural land status for income tax. The tribunal emphasized that off...
- Delhi HC upholds property tax on star hotels, dismisses pleas on arbitrarinessThe Delhi High Court has validated the Municipal Corporation of Delhi's (MCD) decision to impose higher property taxes on hotels rated thre...
- Will waive off dues of private residential buildings if voted to power in MCD: Delhi CongressDelhi Congress to launch a campaign, "House Tax - Pichhla Maaf, Agla half", the party's Delhi chief Anil Chaudhary said his party will also...
- Property tax rates may go up marginally in DelhiThe civic body also issued a statement saying the base unit area values were recommended by the first MVC in 2004 which has remained unchan...
- Residents stare at the prospect of a 33%-or-above hike in property taxThe Fourth Municipal Valuation committee has justified the recommendation for 33% hike based on assessment of the civic body’s finances.
- Property tax in South Delhi may be in for a 33% hikeThe biggest changes have been proposed in unit area values and use factor. The age factor, occupancy and structure factors have remained un...
- Use internet banking to pay property taxThe South Delhi Municipal Corporation is all set to add a new feature which will enable people to pay their property tax through internet b...
- BJP can't shrug off blame for funds crunch in municipal corporationsBJP is insistent that the Delhi government pay the corporations their share in taxes, but it has not approached the Centre for a bailout pa...
- AAP Government faces heat of unpaid sanitation staffFor the Arvind Kejriwal government, which has been promising regularization of contract labour, resolving the crisis will be a big challenge
- Shome Panel in favour of getting back Fringe Benefit Tax, Banking Cash Transaction Tax“This is a good temporary administrative measure for enhancing tax collection, until rising income tax collection makes it unnecessary,” th...
- Re-introduce fringe benefit, cash transaction taxes: Shome PanelThe panel has also favoured reintroduction of BCTT, saying there is no instrument that captures details of cash withdrawals from bank accou...
- Tax hike North MCD's ticket to debt freedom; to add more than 200 cr to its revenuesThe corporation has also proposed a special parking charge during peak hours, 5pm to 9pm, when car owners will have to shell out 50% more t...
- NDMC proposes 3 per cent hike in property taxPeople residing in New Delhi Municipal Corporation areas may end up paying double the property tax from next fiscal with the civic body tod...
- CWG corruption: Shunglu names Khanna, Dikshit for irregularitiesThe Shunglu Committee has found procedural violations by Khanna and Dikshit in executing projects related to 2010 Commonwealth Games.
- House near Metro, pay more property tax nowLiving near the Metro line might cost some colonies dearly as the interim report of third municipal valuation committee has recommended re-...
- Delhi property tax rates up this yearSince the rate of tax for different categories has been revised, Delhiites will have to pay more from this financial year.
- Panel wants more Delhi colonies in high property tax slotA panel reviewing property tax rates in the national capital is understood to have recommended re-categorisation of a number of colonies in...
- City property is too hot to taxIt’s never too late for the government. A legislative committee formed in July, with a six-months mandate to study a draft Bill to reform M...
- BMC gears up to tap the markets
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