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Property taxes are levied by either state government or local civic bodies. Property tax or 'house tax' is a local tax on buildings, along with appurtenant land. It is imposed on the Possessor (not the custodian of property as per 1978, 44th amendment of the constitution). It resembles the US-type wealth tax and differs from the excise-type UK ...
The Brihanmumbai Municipal Corporation ( BMC), [4] or Municipal Corporation of Greater Mumbai ( MCGM) is the governing civic body of Mumbai, the capital city of Maharashtra . Salman Khan Is Now Brand Ambassador of BMC from 2016. The BMC is India 's richest municipal corporation. [5] [6] Its annual budget exceeds that of some of India's smaller ...
Assessed home value x mills / 1,000 = property tax. The tax rate can also be expressed as the “millage rate.”. One mill equals one one-thousandth of a dollar, or $1 for every $1,000 of home ...
Website. revenue .maharashtra .gov .in /default .aspx. The Ministry of Revenue is a ministry of the Government of Maharashtra. It is responsible for preparing annual plans for the development of Maharashtra state. [1] [2] The Ministry is headed by a Cabinet level by Radhakrishna Vikhe Patil Current Minister of Revenue.
Website. www.mclatur.com. The Latur City Municipal Corporation ( LCMC) also known as the Municipal Corporation of Latur City ( LCMC) was established on 25 October 2011. [citation needed] The Maharashtra Government dissolved the council and approved forming a municipal corporation. Municipal Corporation mechanism in India was introduced during ...
Patna Municipal Corporation (PMC) is the civic body that governs Patna, the capital of Bihar in India .Municipal Corporation mechanism in India was introduced during British Rule with formation of municipal corporation in Madras ( Chennai) in 1688, later followed by municipal corporations in Bombay ( Mumbai) and Calcutta ( Kolkata) by 1762. [1]
Mumbai ( / mʊmˈbaɪ / ⓘ, Marathi: [ˈmumbəi], ISO: Mumbaī; formerly known as Bombay [a]) is the capital city of the Indian state of Maharashtra. Mumbai is the financial capital and the most populous city of India with an estimated population of 12.5 million (1.25 crore ). [18] Mumbai is the centre of the Mumbai Metropolitan Region, the ...
A gross receipts tax or gross excise tax is a tax on the total gross revenues of a company, regardless of their source. A gross receipts tax is often compared to a sales tax; the difference is that a gross receipts tax is levied upon the seller of goods or services, while a sales tax is nominally levied upon the buyer (although both are usually ...
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