Latest Expert Exchange Queries

GST Demo Service software link:
Username: demouser Password: demopass
Get your inventory and invoicing software GST Ready from Binarysoft
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: empanelment :: Central Excise rule to resale the machines to a new company :: TDS :: form 3cd :: TAX RATES - GOODS TAXABLE @ 4% :: due date for vat payment :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT RATES :: list of goods taxed at 4% :: articles on VAT and GST in India :: VAT Audit :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes
« General »
 India’s GST among most complex in world, and it is 0% tax rate that is hurting the idea
 Can’t overrule courts with retrospective amendments, says Supreme Court
 Why tax planning should be an all-year round activity
 8 financial tasks you should do in the next 30 days
 Income Tax department may defend CPC in returns fraud case
  Income tax department sends notices to investors over tax treaty gains
 Seven months after GST rollout: Time for handholding over, Centre to intensify efforts to curb tax evasion
 Individual angels may get tax relief too
 The differences between tax and cess
 Startups that raised funds from angel investors face tax scrutiny
 Tax collection assumptions in India's budget ambitious

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 2018 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