Punjab residents have limited time to clear property tax dues with full penalty waivers. Zirakpur leads in collections under this One-Time Settlement Scheme, which offers phased relief through October 31. Act now before penalties resume.
Revamping stamp duty & registration fee collection could double revenue to Rs 1.5 lakh crore, with Maharashtra's model touted for nationwide adoption.
PMC postpones proposal to reduce property tax discount from 10% to 5% for 2 months
CREDAI submits memorandum to Finance Ministry to remove service tax on under-construction housing complexes.
Direct Taxes Code proposes changes to taxation of house property income, shifting from potential to actual or presumptive rent, calculated as 6% of rateable value or acquisition cost.