After local body polls, Gzb corporation starts sending property tax bills
1 year, 7 months ago

After local body polls, Gzb corporation starts sending property tax bills

Hindustan Times  

Following the conclusion of the local body elections, the Ghaziabad municipal corporation has initiated the process to send the property tax bills — commonly referred to as house tax. Officials estimate that the revenue on account of the property tax is about ₹ 150 crore annually while the incoming revenue may double this year due to addition of new properties. Officials estimate that the revenue on account of the property tax is about ₹150 crore annually while the incoming revenue may double this year due to addition of new properties. “If the ARV component this year is more than 25% than the last year’s, the property owner can go in for an appeal before the corporation and the tax amount will be reassessed by officials,” said Nitin Gaur, Ghaziabad municipal commissioner.

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History of this topic

Ghaziabad: 25,000 new flats to come under property tax ambit
3 months, 3 weeks ago

Ghaziabad: 25,000 new flats to come under property tax ambit

Hindustan Times  

Ghaziabad: The Ghaziabad municipal corporation is all set to ensure that over 25,000 flats across the civic body’s five zones come under the property tax ambit, officials said on Monday, adding that tax bills will be issued to the flats across the corporation’s zones soon. The corporation in areas like Indirapuram etc, which are not handed over to the civic …

Ghaziabad: All properties to be brought under new tax structure over four years, say municipal officials
7 months, 2 weeks ago

Ghaziabad: All properties to be brought under new tax structure over four years, say municipal officials

Hindustan Times  

A new rental value structure, for determining the property tax on households, has come into effect in Ghaziabad from April 1 and the officials of the Ghaziabad municipal corporation said all properties will fall under its ambit in the next four years. “Even old properties will come under the new tax structure in the next four years, as and when …

Chennai Corporation to review under-assessed commercial buildings for property tax boost to generate revenue
10 months, 1 week ago

Chennai Corporation to review under-assessed commercial buildings for property tax boost to generate revenue

The Hindu  

The Greater Chennai Corporation may reconsider reviewing under-assessed commercial buildings for property tax payments in Chennai to fill its coffers. The committee plans to suggest stringent property tax collection from defaulters in the commercial sector to increase revenue,” said Sarbajaya Das, chairperson, Standing Committee, GCC. “Now however, all commercial buildings will be assessed in all zones by revenue officials of …

Property tax to increase as Ghaziabad civic body approves new tax structure
11 months, 1 week ago

Property tax to increase as Ghaziabad civic body approves new tax structure

Hindustan Times  

A new rental value structure, for determining the property tax on households, will come into effect in Ghaziabad from April 1, for the upcoming financial year 2024-2025, the Ghaziabad municipal corporation officials said on Saturday, after the civic body approved the new structure even as the mayor and councillors opposed the move, citing increased burden on taxpayers. According to the …

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