Latest Expert Exchange Queries
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
Popular Search: TAX RATES - GOODS TAXABLE @ 4% :: ACCOUNTING STANDARDS :: list of goods taxed at 4% :: VAT RATES :: cpt :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: form 3cd :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: due date for vat payment :: TDS :: empanelment :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
General »
 Banks warn share tax hike threatens Paris' post-Brexit appeal
 PMC may decide on property tax rebate for IT firms this week
 I-T Dept is giving out certificates of appreciation. Have you received yours?
 Government works on ironing out benefits refund mechanism for exportersa
  Tax officials are using an IDS provision to question transactions beyond six-year-limit
 Tax-free bonds rally like midcap funds
 Senior citizens do not have to pay advance tax on salary and interest income
 GST: Audit commissioners to get adjudication powers
 Interest on NRE rupee account can be exempt from tax under FEMA
 Impact of GST on Real Estate Sector
 GST regime: Tax payers allowed to take option of third-party interfaces

From today onwards, you can deposit house tax
October, 14th 2013

City residents will be able to deposit property tax on residential property from Monday onwards at the sampark centres as well as the Municipal Corporation office.

Self-assessment of the tax is to be done by the residents between October 14 and December 14. Thereafter, the civic body will impose fine. The tax amount paid will be for a period of one year.

The UT Administration had notified the imposition of house tax on July 4. The tax has to be paid at the rate of Re 1 per square yard. The houses below five marla and those of the economically weaker sections have been exempted. The houses in villages and colonies have also been exempted. There are more than 80,000 houses that will come under the ambit of the newly imposed tax.

The residents can download the form from the website of the Municipal Corporation. The facility to pay the tax will be available at the e-sampark and gram sampark centres. At these centres, the residents will have to pay Rs 9 and Rs 4 respectively as transaction charges.

There are 20,265 marla and kanal houses, 7,979 houses in co-operative societies, 5,597 MIG houses, 10,675 HIG houses, 15,053 houses under the administration and 22,040 under the Central government. In the case of co-operative housing societies, the tax will have to be paid taking the area of the society as one unit. This will then be divided by the total number of units and accordingly each household will have to pay the tax. The move is being resented by the residents of these societies.

The residents of 5-marla houses will have to pay Rs 125 while those owning 6-marla houses will have to pay Rs 150 per year. The amount for other houses will be: Rs 187.50 for 7.5-marla houses, Rs 200 for 8-marla, Rs 250 for 10-marla, Rs 275 for 11-marla, Rs 375 for 15-marla and Rs 500 for one-canal house.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Experience

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions