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: ACCOUNTING STANDARD :: VAT RATES :: due date for vat payment :: cpt :: list of goods taxed at 4% :: Central Excise rule to resale the machines to a new company :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: articles on VAT and GST in India :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: VAT Audit :: TAX RATES - GOODS TAXABLE @ 4% :: empanelment :: ACCOUNTING STANDARDS
 
 
« General »
 How you can reduce your tax to zero if you have income within Rs 10 lakh
 NRIs’ overseas bank info needed only for tax refund
 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

When all officials turned tax collectors
April, 01st 2016

In what could be compared to a last-over slog in cricket, the Greater Chennai Corporation went all out to collect property tax on March 31, in the process engaging all civic officials of all departments in tax collection work.

With this spirited effort, the Corporation managed to collect more than Rs. 585 crore as property tax 2015-16 financial year, which is an improvement over last year, when the civic body collected Rs. 581 crore as property tax from an estimated 11.7 lakh assessees.

In addition to officials of the Revenue Wing, those belonging to the Health, Engineering and Conservancy Wings also collected property tax on the last day of the financial year 2015-16, leading to the ‘record’ of highest collection of property tax on a single day.

Normally, property tax revenue is around Rs. 2 crore per day. The collection increases to Rs. 6 crore by the last week of March.

On March 31, the collection touched Rs.40 crore by 9 p.m. and was expected to cross Rs.45 crore by midnight, sources said. More than 65 per cent of the collection was made by tax collectors.

TACTV (Tamil Nadu Arasu Cable TV Corporation) counters at 196 places in the city recorded a collection of 15 per cent of the total property tax, covering at least 1.5 lakh residents.

Online payment continued to increase this year, accounting for 10 per cent of the collection and 2 lakh people. A large number of NRIs who own property in the city used such services.

The assessees would be able to pay property tax online without any user charges.

The civic body has commissioned multiple payment gateways for offering such online services. Property tax payment through bank counters reported a decline with just 6,000 assessees using the mode this year.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Software Outsourcing Company Offshore Software Outsourcing Software Outsourcing Company India Offshore Outsourcing Company India Software BPO Software Business Process Outsourcing Software Outsourcing India Offsho

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