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: empanelment :: TAX RATES - GOODS TAXABLE @ 4% :: VAT RATES :: ACCOUNTING STANDARDS :: ACCOUNTING STANDARD :: ARTICLES ON INPUT TAX CREDIT IN VAT :: VAT Audit :: articles on VAT and GST in India :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: TDS :: form 3cd :: Central Excise rule to resale the machines to a new company :: cpt :: due date for vat payment :: list of goods taxed at 4%
 
 
« General »
 Confusion over GST persists: Wholesale grain market affected, sales fall by 40 percent in Pune
 Slow tax growth reflects companies' GST troubles
 What is PAN card? Why is it important?
 Govt to cut down executive discretion on tax laws
 Businesses can start filing July returns on GSTN from August 5
 Are you earning abroad? Know the tax rules
 Attention last minute tax filers! Know about key changes made by govt this year
 Accounting relief for IndAS companies
 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

Khairatabad tops in property tax collection
May, 03rd 2014

The Greater Hyderabad Municipal Corporation (GHMC) which had a windfall in the form of high property tax collections during the month of April had the maximum collections coming in from the Khairtabad-2 circle.

After announcing an early bird offer of 5 per cent rebate for those paying the property tax in April, the civic body netted a total of Rs.109.53 crore in the month which happens to be Rs.78.93 crore more than the collections during the same period last year. In the year 2013-14, the total collections stood at a meagre Rs.30.59 crore.

Of the 18 circles of the GHMC, Khairatabad-2 topped the list, collecting Rs.27.39 crore which is Rs.18.59 crore more than the previous year’s April transactions. Kukatpally circle with Rs.10.86 crore, Secunderabad with Rs.9.54 crore and Abids-2 circle with Rs.8.73 crore are the other toppers in the list.

Ramachandrapuram circle with property tax collection of Rs.85 lakhs stood at the bottom of the list along with Charminar-2 with Rs.1.69 crore and Rajendranagar with Rs.1.96 crore.

“The rebate offer which actually worked out for just 20 days since it was announced on April 9, got us Rs.78.93 crore more than last April. This high transaction happened during the busy election period when most of our staff were not actually going to field for collections,” said an official.

Since most of them were drafted for poll related duties during the last month, bill collectors could only net Rs.2.46 crore but interestingly, most property owners queued up at Citizen Service Centres of the civic body to pay taxes to the tune of Rs.60.39 crore and visited Mee Seva Centres to pay another Rs.32.43 crore.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Careers

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