Tag: Property Tax

New Property Tax to Hit Property Transactions

New property tax will affect the property transactions adversely. The builders say that the new property tax is wrongly assessed. Under the new property tax, Babu Naik will have to pay an additional of Rs.7000 per year. When he questioned the civic body officials, they explained to him that the value of his property has […]

No Access to Online Property Tax, Bangalore Residents Struggle

As the civic body has not completed the PIDĀ enrollmentĀ in the city, many of the Bangalore residents have no access to online property tax. E-Payment of Property Tax was expected to reduce the overburden of the property owners to pay the tax. In many of the localities inside Bangalore, this has become successfully initiated. However there […]

BMC implements new property tax in Mumbai, residents protest

Against the new property tax policy of the BMC, the residents have decided to protest strongly. They now plan to conduct a fast for one day in protest against the new property tax policy. BMC has decided to implement a new property tax policy in Mumbai. The new policy will be based on the capital […]

E-payment of Stamp Duty: Maharashtra Govt. Goes for It

With the motto to renovate the entire stamp duty collection system, Maharashtra Government has decided to permit e-payment of stamp duty. Now those who buy property in Mumbai need not go from office to office. They will be able to pay the stamp duty or the property tax through e-payment system. The customers will have […]

Understanding real estate

There are many ways to invest. But the investor should be prudent enough to select a proper area, which is safe and secure with assured reasonable returns. Few years ago, bank deposits, stocks, mutual funds, insurance policies and bullion, were the most opted field. With increased business, globalization of economy has unfolded many more areas. […]

Guaranteed Land Title Act

Lack of transparency surrounding land deals in the state will soon be a thing of the past with the Rajasthan government all set to introduce a Guaranteed Land Title Act. The new law will be initially made applicable in 11 cities of the state with the state capital itself introducing it as a pilot project. […]