The decision of the house tax exemption was passed against the advice of executive wing that did not suggested any type of dispensation schemes.
Effectively, old people from age of 60 to 70 years will get a concession on property tax by 25%.
Also, residential properties up to 41.81 square meter, most of them belonging to the under privileged people are also kept under this scheme, as per Sanjay Jain, Leader of the House.
Rs. 192 per square meter was reduced to Rs. 100 per square meter which was levied on change of use of property as conversion charges.
Further, the corporation has estimated budget shortfall of over Rs. 2,100 Crore and over Rs. 1,500 Crore of unsettled payments of the contractors’ and employee amount outstanding.
Buying a home is a significant milestone, but the hefty price tag isn't the only…
Tax lien certificates are those that are given to investors who demonstrate their interest in…
The Hindu Marriage Act of 1955 and the Hindu Succession Act of 1955, respectively, set…
Paying a house rent is an important and recurring monthly expense for an individual. Generally,…
Investing in real estate necessitates a lot of research, legwork, and hefty investments. Hence, a…
You're buying or selling a property – an exciting time filled with possibilities. But amidst…
This website uses cookies.