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: list of goods taxed at 4% :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: Central Excise rule to resale the machines to a new company :: cpt :: TAX RATES - GOODS TAXABLE @ 4% :: VAT Audit :: form 3cd :: empanelment :: ACCOUNTING STANDARD :: due date for vat payment :: articles on VAT and GST in India :: VAT RATES :: TDS
« News Headlines »
 Draft Rules for prescribing the method of valuation of fair market value in respect of the trust or the institution-Chapter XII-EB of the Income-tax Act, 1961- reg.
 India is moving towards a flawed GST
 ICAI to organise two-day international conference in Hyderabad
 Here's how to calculate tax payable on your capital gains
 Income Tax calculations for the financial year 2016-17
 CPE Events 17 October - 22 October 2016
 High Court raps I-T Department for wrong tax demand
  CBDT signs 5 advance pricing pacts with Indian taxpayers
 Finance ministry warns tax officials of action against GST protest
 Big changes for small units under GST
 Parliament’s winter session to begin on November 16 to expedite GST rollout

BMP may mop up Rs 800 crore from taxes
June, 19th 2006


19th June, 2006

BMP may mop up Rs 800 crore from taxes

`Concerted efforts needed to tackle infrastructure problem'

The Bangalore Mahanagara Palike could mop up about Rs 800 crore from taxes to reduce its dependence on borrowing, which is one of the reasons for its inability to meet growing civic infrastructure demands. BMP's property tax collection, which is a key component of its revenues, was only Rs 250 crore last year.

Under-valuation and evasion of property tax had forced BMP to depend on borrowings, while its internal revenue generation was only Rs 500 crore against an estimated annual budget of about Rs 1,000 core.

Mr K. Jairaj, Commissioner of BMP, at a roundtable on Bangalore's Infrastructure, organised by the Bangalore Chamber of Industry & Commerce, said unless citizens complied with their statutory obligations, BMP resource mobilisation capability cannot improve.

Brand Bangalore

Top Government officials representing the key departments of Karnataka State Governmentvowed to decongest Bangalore, improve quality of life and maintain the brand `Bangalore'. The officials said that they would see various key projects implemented within the next 12 months.

The BCIC President, Mr Anant R. Koppar said, "The State is losing its pre-eminent position in job creation to neighbouring States due to lack of basic infrastructure. Concerted efforts have to be taken to solve this problem."

The Bangalore Development Authority Commissioner, Mr M.K. Shankaralinge Gowda, said, "We are also coming out with a master plan for Bangalore by September 2006, which will be valid till 2015."

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
SEO Company Search Engine Optimization Company US SEO Local SEO Company Website SEO Company Alabama SEO Company Alaska SEO Company Arizona SEO Company Arkansas SEO Company California SEO Company Colorado SEO Company Connecticut SEO Company Delawa

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