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: empanelment :: Central Excise rule to resale the machines to a new company :: due date for vat payment :: VAT Audit :: form 3cd :: ACCOUNTING STANDARD :: VAT RATES :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: ACCOUNTING STANDARDS :: ARTICLES ON INPUT TAX CREDIT IN VAT :: articles on VAT and GST in India :: TDS :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4%
General »
 GST Network signs MoU With DGFT for sharing of foreign exchange realisation data
 Number of companies paying tax over Rs 100 crore declines in 2013-14
 Tax and the dilemma of the self-employed
 Banks warn share tax hike threatens Paris' post-Brexit appeal
 PMC may decide on property tax rebate for IT firms this week
 I-T Dept is giving out certificates of appreciation. Have you received yours?
 Government works on ironing out benefits refund mechanism for exportersa
  Tax officials are using an IDS provision to question transactions beyond six-year-limit
 Tax-free bonds rally like midcap funds
 Senior citizens do not have to pay advance tax on salary and interest income
 GST: Audit commissioners to get adjudication powers

67 government departments are property tax defaulters
July, 02nd 2013

It may sound strange, but 67 government departments have not paid property tax for last many years, despite the tax charged to these departments being very less as compared to private properties. Facing a severe financial crisis, Nagpur Municipal Corporation (NMC) is now planning to take action against all the departments.

According to the data available with NMC's property tax department, the office of superintendent of police (CID, Crime) situated in Civil Lines has the highest arrears at Rs 72.83 lakh. The annual property tax of the department comes to only Rs 9.10 lakh, and tax has not been paid for over eight years.

Similarly, the other departments owing property tax include zilla parishad, office of commissioner of police, sales tax department, public works department, Government ITI, district industrial centre, labour court etc.

In case of private properties, NMC attaches the property in case of non-payment of property tax. It will be interesting to see whether any action is taken against government departments owing property tax in crores. Even revaluation of government buildings is pending for last many years, which may lead to an increase in property tax.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2016 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Content Management System development CMS development Content Management Solutions CMS Solutions Content Management Services CMS Services CMS Software

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