News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing | GST - Goods and Services Tax
General »
 Decoding income tax exemptions
 Dividends from equities are tax-free for investors
  Income Tax officers to fast track disposal of appeal cases
 How can we save capital gains tax on sale of property? My wife and I are senior citizens.
 Finance Ministry Says Reports Of Decline In ITR E-Filing For FY19 Are Incorrect
 Not sure if income will be taxable or not? Declare investments only if you disclose all your incomes
 Taxing times: Income tax filings fall in FY 2019 for the first time in history
  You may be paying higher tax on annual maintenance bills
 Are you a fresher? This is how you can save tax on salary
 Tax exemption on capital gains: Check all the options
 Profit attribution to PE: CBDT invites public comments on report

Political parties oppose commissioner over tax reforms
January, 09th 2009

Political parties have strongly contested the municipal commissioner Pravinsinh Pardeshi's statement that rejection in tax reforms would
affect flow of Jawaharlal Nehru National Urban Renewal Mission (JNNURM) funds.

Municipal commissioner Pravinsinh Pardeshi talking to TOI on Wednesday said the PMC has made a commitment to the central government on tax reforms and failure of which could affect the flow of JNNURM funds. The JNNURM requires certain reforms to be undertaken by states and cities in order to levy user charges on different municipal services.

However politicos have different take on this matter. "The JNNURM reforms don't put any burden on citizens. Already the PMC is collecting heavy taxes from citizens. Civic body is receiving JNNURM funds without any problems and will continue to receive the same. There is no need to hike taxes for JNNURM funds" said Congress corporator Virendra Kirad. MP Suresh Kalmadi has announced the Congress stand to oppose any hike in civic taxes
. We remain firm on our stand and will oppose the tax hike proposal in the standing committee and in the general body, he added.

NCP corporator Nilesh Nikam said, "Already the PMC has made reforms in tax structure during Nitin Kareers tenure. Taxes are now charged based on the annual rateable value of the property. Also various zones are established for the same. Now the civic administration should not pressurise elected representatives to get approval for hike in tax."

BJP corporator Ujwal Keskar has demanded that the civic administration should justify the tax hike proposal. "Before the standing committee and the general body takes any stand on the tax hike, civic administration should justify the proposal and explain the reason for tax hike" said Keskar.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2019 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Article Management Solutions System Article Management Software S

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