Mumbai city (area under Brihanmumbai Municipal Corporation’s jurisdiction) in January recorded 12,249 property registrations, the highest January count in 13 years, real estate consultant Knight Frank India said in a [...]
This will reduce the number of transactions liable to TDS, thus benefitting small taxpayers receiving small payments, the finance minister added. [...]
Khatas are official registers maintained by local bodies to collect property tax. Properties that are authorised are handed A khatas, with owners receiving a document certifying the property’s legitimacy. But [...]
The administration and civic bodies of the districts have been directed to first fix the issues related to property before streamlining the collection of property tax. [...]