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Brihanmumbai Municipal Corporation. 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 . The BMC is India 's richest municipal corporation. [5] [6] Its annual budget exceeds that of some of India's smaller states.
Property tax. Property tax, or 'house tax,' is a local tax on buildings, along with appurtenant land, and imposed on Possessor (certainly, not true custodian of property as per 1978, 44th amendment of constitution). It resembles the US-type wealth tax and differs from the excise-type UK rate.
The payment of the property tax is usually made before mid-October. The tax notice is drawn up in the name of the owner who is the only person liable for the property tax. The precise deadline for paying it varies depending on the method of payment chosen. Exemption from property tax. In certain situations the property tax allows exemptions.
Mumbai accounts for slightly more than 6.16% of India's economy, contributing 10% of factory employment, 30% of income tax collections, 45% of entertainment tax, 60% of customs duty collections, 20% of central excise tax collections, 40% of foreign trade, 100% of stock market assets and rupees 1,60,000 crore (US$20 billion) in corporate taxes ...
Website. vvcmc .in. Vasai-Virar City Municipal Corporation (VVCMC) is the civic body that governs areas and villages in Vasai-Virar taluka in Maharashtra, India comprising the most populated part of Palghar district. According to the 2011 census, it is the fifth largest city in Maharashtra with a population of more than 1.3 million.
Mumbai is the financial capital and the most populous city of India with an estimated population of 12.5 million (1.25 crore). Mumbai is the centre of the Mumbai Metropolitan Region, the sixth-most populous metropolitan area in the world with a population of over 23 million (2.3 crore) living within the Mumbai Metropolitan Region.
Meeting place. Ground Floor, Sector-15 A, Palm Beach Junction, CBD Belapur, Navi Mumbai, Maharashtra - 400614. Website. www .nmmc .gov .in. The Navi Mumbai Municipal Corporation (NMMC) is the municipal organisation of Navi Mumbai, Maharashtra. On 17 December 1991 NMMC was constituted. NMMC came in to existence on January 1, 1992.
Expenses. ₹4.95 lakh crore (US$62 billion) (2022–23 est.) [15] The economy of the state of Maharashtra is the largest in India. [16] Mumbai, the capital of Maharashtra and often described as the New York of India or Manhattan of India, [1] is the financial capital and the most populous city of India with an estimated city proper population ...
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