Need Tally
for Clients?

Contact Us! Here

  Tally Auditor

License (Renewal)
  Tally Gold

License Renewal

  Tally Silver

License Renewal
  Tally Silver

New Licence
  Tally Gold

New Licence
 
Open DEMAT Account with in 24 Hrs and start investing now!
« General »
Open DEMAT Account in 24 hrs
 Won case against income tax department but still waiting for benefit? No more delay after an update in ITR portal
 Income Tax Department regrets issuing erroneous notices to taxpayers: Know the details
 Income Tax Return: Miss THIS ITR filing deadline and you will be fined Rs 10000
 Tax contribution of petroleum sector set to drop rapidly in FY 2024-25
 Missed reporting foreign assets in ITR? File revised return to avoid Rs 10 lakh penalty
 Tax regime shift: Is filing ITR under old regime still valid after default new regime?
 Income Tax Department Targets Bogus Refund Claims, Issues Notices To Taxpayers
 IT firms bullish on higher spending due to tax cuts
 How to calculate capital gains tax on sale of land?
 Don't fall for fake notices! How to verify your income tax communication
 I decided to shift to the new tax regime. Will I lose benefit on interest income of my PPF account?

Government offices evading property tax for years
February, 27th 2013

The BMC wants citizens to pay property tax by March 31, but it has not been able to collect the pending amount from central and state government agencies for the past several years.


According to the data compiled by BMC, property tax worth Rs 155 crore on central and state government offices in the city is yet to be paid. Of the Rs 155 crore, central government agencies owe nearly Rs 147 crore, including Rs 5.23 crore, Rs 4.42 crore and Rs 31.43 crore of CR, WR and Mumbai Port Trust (MbPT) respectively. Offices of the state government owe the BMC much lesser— 8.24 crore.

Civic officials said the BMC is pursuing the issue with senior officials from these departments and are hopeful that the money will be paid soon.

A civic official, requesting anonymity, said, "Some bills have not been paid for over 15 years. Even water bills are pending for several years together. We have sent several reminders, but they haven't bothered to revert."

The BMC has decided to charge citizens property tax rates on the basis of capital value. The rates will be applicable with retrospective effect from April 1, 2010. The property tax bills and special notices have been sent to the citizens, asking them to pay up before March 31. Despite several petitions from corporators and citizens, the BMC has refused to extend the deadline for payment.

Home | About Us | Terms and Conditions | Contact Us
Copyright 2025 CAinINDIA All Right Reserved.
Designed and Developed by Ritz Consulting