Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
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: VAT Audit :: form 3cd :: TDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: empanelment :: articles on VAT and GST in India :: cpt :: due date for vat payment :: list of goods taxed at 4% :: VAT RATES :: ACCOUNTING STANDARDS
 
 
General »
 Non-performance: I-T dept transfers 245 commissioners
 Income Tax efiling: Tax implications resulting from clubbing of income
 Guidelines for selection of cases for scrutiny during the financial-year 2017-2018-regd
  GST: How companies are gaming the system
 Goods And Services Tax transparency: Elimination of added taxes to boost investment in realty
 In a first, Income Tax department to charge govt official under new benami law
 Income Tax Return Filing: 10 common mistakes people make while filing return of income
 Income Tax efiling: A few essential facts for senior citizens to keep in mind
 Pre-GST discounts get Maharashtra 16% more sales tax in three months
 Here’s how self-employed should efile their taxes
 Advance tax given by individuals in June quarter rises more than 40%

Slum-dwellers face four-fold tax increase
February, 23rd 2009

A low-lying slum zone -- narrow, stinking lanes, no proper water supply or sanitation and people living for years under the
same GI (galvanized iron) roofs. Worse, only a handful here have got their hakku patras (title deeds). While the living conditions at the New Corporation Colony on Bore Bank Road haven't changed for years, maybe worsening over time, the zonal classification for property tax has changed dramatically.

Around 1,000 houses in the colony now face revised classification. Predominantly a slum dwellers' abode, this area was earlier classified under F zone in SAS 2000. Under the revised classification, it has moved up to D zone and paying at least four times what was previously paid, explain personnel at the BBMP help centre in the area.

About 90% of its residents are corporation pourakarmikas and many like Venkatappa, 60, Parvatamma, 40 and Meena have been living here since childhood. But, none has paid tax. `Lack of proper infrastructure' and `no hakku patra' are common reasons for this. Barring a couple of property owners here with title deeds who have already paid the tax, many are waiting. "Should we pay tax for living in such conditions?'' asks an angry Meena.

"There has been a problem in zonal classification and we've written to the BBMP commissioner about it,'' BBMP revenue inspector of ward 91 L K Marigowda said.

"I was on leave when the classification was sent for verification. When I returned to work, I was told it had been sent back. We've asked the commissioner to look into this issue. The applications of these residents are being kept on hold,'' said the inspector.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Integrated Software Solutions Integrated Software Development Integrated Software Services Integrated Software Solutions India Integrated Softw

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