Latest Expert Exchange Queries

GST Demo Service software link: https://ims.go2customer.com
Username: demouser Password: demopass
Get 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) | 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
 
 
 
 
Popular Search: ACCOUNTING STANDARDS :: due date for vat payment :: TAX RATES - GOODS TAXABLE @ 4% :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: ACCOUNTING STANDARD :: Central Excise rule to resale the machines to a new company :: cpt :: TDS :: list of goods taxed at 4% :: empanelment :: form 3cd :: articles on VAT and GST in India
 
 
General »
 Advance tax payout by top cos grows just 2% in Sept quarter
 Why abolishing personal income tax may not be a good idea
 Questions about the GST cess
 How to prepare for the looming tax-extension deadline
 Income tax: Gratuity for employees raised to Rs 20 lakh; here is how you will benefit
 Haryana to set up scrutiny panel on GST benefits
 Waive certain taxes for companies in insolvency proceeding
 I-T department to appoint 7600 more tax return preparer scheme to cover entire country
 All eyes are on GST as Centre plans higher social pension
 Exporters demand total exemption from GST
 Here's what you must know to stay clear of taxman

Property tax rebate for ex-servicemen
April, 08th 2013

The Bruhat Bangalore Mahanagara Palike (BBMP) has finally extended the 50 per cent rebate in property tax to ex-servicemen residing in the city, albeit a year after the State government issued a gazette notification.

Though the gazette notification was issued on April 24, 2012, granting 50 per cent rebate to ex-servicemen in property tax to be paid to the urban local bodies, the BBMP had not implemented it. Several ex-servicemen, who sought the rebate at the help centres while paying their property tax, were disappointed to be turned away.

According to information available from the Department of Sainik Welfare and Resettlement, as on December 31, 2012, there were 35,549 ex-servicemen, including 7,537 widows, in the city eligible for the 50 per cent rebate. With the notification not being implemented, none of them were able to avail the rebate on property tax.

Air Marshal (retd.) B.U. Chengappa, who is the president of the Airforce Association, Karnataka branch, told The Hindu that the staff at the various help centres seemed unaware of the gazette notification. “The association received complaints. When we contacted the staff members, they claimed that they had not received any order from the BBMP directing them to implement the gazette notification and offer 50 per cent rebate. Left with no option, most ex-servicemen paid the full property tax,” he said.

Major General (retd.) H.C. Nanjappa said that the ex-servicemen were turned away by the BBMP staff at the tax collection centres last year. He said that the gazette notification was implemented in Belgaum, but not in Bangalore. “With the BBMP not issuing executive orders directing the staff to offer the rebate, the ex-servicemen were forced to pay the full property tax,” he said.

When contacted, I. Ramakanth, BBMP’s Deputy Commissioner (Revenue), said that the 50 per cent rebate was being offered this fiscal (2013-14).

He said that though the gazette notification was issued in April 2012, the notice reached the BBMP only in July/August. “By then, a number of ex-servicemen had paid their taxes. That apart, we cannot introduce something in the middle of the financial year,” he said.

He said that the ex-servicemen could avail the rebate for one residential property by filling out the prescribed form and submitting the requisite documents at the BBMP’s help centres. “They can avail 50 per cent rebate for the tax paid last year. The excess amount will be adjusted with the tax due this fiscal,” he added.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Development Software Programming Software Engineering Custom Software Development Requirement Based Software Development Software Solutions Software Serv

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