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: articles on VAT and GST in India :: VAT Audit :: VAT RATES :: form 3cd :: ARTICLES ON INPUT TAX CREDIT IN VAT :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: Central Excise rule to resale the machines to a new company :: ACCOUNTING STANDARDS :: due date for vat payment :: empanelment :: TDS :: cpt :: ACCOUNTING STANDARD :: TAX RATES - GOODS TAXABLE @ 4% :: list of goods taxed at 4%
 
 
General »
 Simplified one page Income Tax Return Form: Changes to keep in mind before filing tax return for AY2017-18
  No proposal to replace Income Tax with Banking Cash Transaction Tax
 GST coming July 1 despite calls for delay: Revenue Secretary Hasmukh Adhia
 Centre introduces provision of taxation on NPS in Income Tax Act
 Income Tax Department Clarifies On Cash Withdrawal From Banks, Post Offices
 The Goods And Services Tax (Compensation To States) Bill, 2017
  Goods and Service Tax (GST) and Real Estate Sector
 New Income Tax Rules On Home Loan Come Into Effect
 Here's how late filers can save on stress and taxes
 Clarifications on the Taxation and Investment Regime for Pradhan Mantri Garib ?Kalyan Yojana, 2016
 Companies should invest in upgradation of tax technology

Despite payment options, tax payers throng ward offices Dircption:-
August, 09th 2014

While the Vadodara Municipal Corporation (VMC) may have given multiple payment options to citizens to pay property taxes, only a select few seem to be using these.

VMC has started accepting the taxes at several bank branches in the city, through online payment or ATMs, but only around 15 per cent of the tax payers used these facilities.

The civic body traditionally accepted taxes only at its ward offices in cash or through cheques. But over the years, it started accepting taxes with credit and debit cards, through online payments using its website.

This year, VMC even roped in three leading private sector banks in the process and the citizens were given the option of paying taxes at the branches of these banks. A bank even offered to collect taxes from the residences of senior citizens and women tax payers along with the option of paying taxes at its ATMs. Despite these efforts, all ward offices witnessed long queues for paying taxes.

Till August 6, VMC collected Rs 185.64 crore towards property tax. The deadline for collection of taxes in eight wards had expired by then even as the process would continue in four wards till Monday.

Data provided by the VMC reveals that only 14.96 per cent of the tax payers used means other than the traditional way of submitting cheque or cash at VMC ward offices to pay taxes. The total amount paid by sources other than cash or cheque at VMC offices amounts to Rs 29 crore which is 15.6 per cent of the total collection of taxes by the VMC so far.

A VMC official said that attempts were made to popularize the new means of paying taxes, but it seems that people were still reluctant to use these. "We had even put up boards of the three leading banks at all ward offices declaring that the taxes could be paid there too, but not many used the option," said an official.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Multimedia Presentations Multimedia Solutions 3D Solutions Corporate Presentations Business Presentations Multimedia Presentation India M

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