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: Central Excise rule to resale the machines to a new company :: empanelment :: list of goods taxed at 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TAX RATES - GOODS TAXABLE @ 4% :: articles on VAT and GST in India :: TDS :: cpt :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: ACCOUNTING STANDARD :: form 3cd :: due date for vat payment :: VAT Audit :: ACCOUNTING STANDARDS
Sales Tax »
 Insurance Agency Mergers and Acquisitions in Q1 "Explode," OPTIS Partners' Report Reveals
 Sales tax sleuths raid spare parts shops in Meerut's infamous Sotiganj market
 Income Tax: How offshore income could be taxed twice
 India finalises bills to launch new sales tax in July
 NMC to implement new tax system from Apr 1a
 13 per cent sales tax boost post demonetisationa
 Arun Jaitley May Lower Corporate And Income Tax Rates But Hike The Service Tax Rate
 Tax on high seas sales becomes dispute area
  State extends GST enrolment deadline
 State extends GST enrolment deadline
 To protect its status, state forms panel to draft legislation on GST

Record Rs 745 crore tax collection in Hyderabad
March, 24th 2014

Despite being busy with poll duty, employees of the Greater Hyderabad Municipal Corporation (GHMC) have already crossed last year’s property tax collection figures of Rs 747-crore.

Tax collections in the city crossed the Rs 750-crore mark on Saturday and now the officials have been given a target of Rs1,000 crore mark for the first time in the history of the city. To date, over nine lakh of the total 13 lakh property owners have paid their taxes.

Special teams have been formed to collect tax from defaulters. GHMC commissioner Somesh Kumar has identified 2.02 lakh owners who have paid their tax in full in the previous financial year but have paid only a portion of tax for the current year. If these 2.02 lakh owners pay their balance tax for the current financial year, the GHMC will get another Rs 247 crore. There are 50,000 owners yet to pay tax ranging below Rs 500 each.

“We are confident of collecting nearly Rs1,000 crore and this would mean that our employees have to collect Rs 250crore in less than a week before the end of the financial year on March 31,” Mr Kumar said.

About 1,700 employees and workers have been drafted to collect tax with each worker covering at least 200 houses. The bill collectors are also negotiating with those who have not paid at all.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Application Management Solutions Application Management System Application Management Software System Application Management Development Application Management Software Development

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