The action was taken due to the mall's failure to pay the sum even after being served a demand notice (DN). Pending dues amount to Rs11.51 crore for the period between 2011 and 2022-23. The BBMP first served a show-cause notice before issuing a demand notice.
"Many people have built commercial properties in residential plots and that has attracted penalties. Many people have expressed the opinion that the penalties are too high and the deadlines are too short. Against this backdrop, the government will look at extending the deadlines for payment
According to the municipal act, in case of property tax dues cross Rs 25 lakh, it may result in punishment of rigorous imprisonment from 3 months to 7 years with a fine of not less than 50 per cent of the amount of tax evaded.
The Municipal Corporation of Delhi (MCD) has confiscated property of the All India Asian Education Foundation after its owners failed to pay the total outstanding property tax dues amounting to approximately Rs 1.24 Crore, the civic body said on Wednesday.
Following the approval of the property tax compensation fund guidelines that regulate the payment of compensation for indirect damages to businesses within a range of up to 40 km (25 miles) that experienced economic damage due to the IDF’s Operation “Shield and Arrow,” The compensation for i
The Chief Minister directed to make all the essential services like property tax, bill payments, notices, all types of NOCs and permissions online, which would not only facilitate the people in getting prompt services but also help to play down the corruption within the system. He said that
Karnataka Deputy CM DK Shivakumar said on Saturday that he has received more than 30,000 suggestions for Bengaluru’s development under the Brand Bengaluru initiative.
Under this, there will be an increase in tax once a year. Its rate will be fixed based on the 5-year average of the state's GDP. The rate of increase will be decided separately every year under this formula. This time the average was low due to the years of the Corona period. That's why the
Assuring the Sikh community that the state government would establish an exclusive corporation for their development, Chief Minister YS Jagan Mohan Reddy instructed the officials to exempt Gurdwaras from property tax and also to provide benefits for Granthis (Priest for a Gurudwara) on par w
New Delhi [India], May 5 (ANI/NewsVoir): The Wadhwani Institute for Artificial Intelligence (Wadhwani AI) has signed an MoU with the National Institute of Urban Affairs (NIUA) under the Ministry of Housing and Urban Affairs to improve the effectiveness of digital technologies for various
Municipal governments have been relying on land sales as their major income source. These authorities may also impose local fees and charges, but these do not include major taxes like on property.
"The property owners failed to pay the outstanding property tax dues, despite being given ample opportunities by MCD to pay outstanding dues," the MCD said in a statement.