Friday, January 18, 2013

Does it pay to 'default' - No !-why so? Sorry, Yes !!!

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TOI 08 Jan 2013,19:45 IST
In case any defaulter escapes by locking his properties, the municipalities are now authorized to break the door and take possession of it and even attach bank account of the defaulters.
TOI 08 Jan 2013,19:44 IST
Under the provision the municipalities have been empowered to cut the power and water supply on account of non-payment of taxes and also to attach the properties of the defaulters.  


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Highrises are the major tax evaders TOI 1 hr ago
BANGALORE: Tax evaders in the city are mainly the big fish, including IT companies, multi-speciality hospitals, malls, commercial complexes and educational institutions. A recent study by the BBMP threw up more facts — tax evasion is rampant on the outsk
Tax evasion of over Rs 2,600 crore detectedET 17 Jan 2013, 16:56 IST
...DELHI: Coming down heavily on tax defaulters, financial intelligence agencies have detected tax and duty evasion of over Rs 2,600 crore in the last quarter ended December. The Directorate General of Central Excise Intelligence (DGCEI) and Directorate General...
BBMP looking for ways to garner revenue The Hindu 31 Dec 2012, 10:06 IST
...body now has Rs. 200 crore in its coffers, claimed in-charge Commissioner Siddaiah. Responding to the Opposition leader M.K. Gunashekar’s demand for a White Paper on the financially ailing BBMP, he said the loan from the Housing and Urban Development Corporation...
The Hindu (article)
Improvement charges
As a means to garner more revenue, the former Mayor S.K. Nataraj and Kacharakanahalli councillor Padmanabha Reddy suggested that the BBMP should collect improvement charges from citizens who want khata for their revenue sites. “There are nearly three lack revenue properties. If the BBMP starts collecting improvement charges, many citizens who are waiting for khata will benefit. The civic body can do so pending approval from the government,” Mr. Reddy said. Mr. Nataraj said though a gazette notification had been issued in this regard, it was not being implemented.
Mr. Siddaiah explained that the Karnataka Land Revenue Act first needed to be amended, before the BBMP could start collecting the charges.
Earlier, Yediyur councillor N.R. Ramesh alleged that there were several scams in the Forest Department. He alleged that there was a scam in procurement of saplings from nurseries in other States.
He charged that officials were creating bogus bills. As a solution, he suggested that the BBMP entrust the responsibility to the Horticulture Department.

Delhi Development Authority owes Rs 746 crore tax to South municipal corporation TOI13 Jan 2013, 05:34 IST accounts of the largest land owning agency of city, Delhi Development Authority, for topping the list of property tax defaulters. It owes Rs 746 crore to the civic body. DDA has 319 properties, including buildings, vacant spaces and 24 sports complexes...
Patna College, two colleges big PMC defaulters TOI 12 Jan 2013, 03:45 IST
...function recently with much fanfare, is one of the big defaulters of Patna Municipal Corporation (PMC) for not paying holding tax since 2006-07. Not only that, PMC has outstanding holding tax arrears of around Rs 30 crore, out of which the Patna University...
Nagpur Municipal Corporation attaches Dhanwate's commercial complex TOI 09 Jan 2013, 03:56 IST stop sale and purchase and also mutation activities related to the properties. Zone office kicked off the action against the defaulters," he said. This fiscal the NMC also attached or sealed some mobile towers owing to pending property tax. With such action,...

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