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  2. Pune Municipal Corporation - Wikipedia

    en.wikipedia.org/wiki/Pune_Municipal_Corporation

    Pune Municipal Corporation. Pune Municipal Corporation (PMC) is the civic body that governs the inner limits of Pune, India. It is in charge of the civic needs and infrastructure of the metropolis, which is spread over an area of 500 sq. km. and has 3.4 million residents. [7][8][9] Established on 15 February 1950, [10] the executive power of ...

  3. Pimpri-Chinchwad Municipal Corporation - Wikipedia

    en.wikipedia.org/wiki/Pimpri-Chinchwad_Municipal...

    PCMC Bhavan, Pimpri, Pune. Website. www.pcmcindia.gov.in. Pimpri Chinchwad Municipal Corporation (PCMC) is the civic body that governs Pimpri-Chinchwad which includes Pimpri, Akurdi, Chinchwad, Nigdi, and the remainder of the northwestern city limits of Pune, India. It was established on 11 October 1982.

  4. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    t. e. Median household income and taxes. Most local governments in the United States impose a property tax, also known as a millage rate, as a principal source of revenue. [1] This tax may be imposed on real estate or personal property. The tax is nearly always computed as the fair market value of the property, multiplied by an assessment ratio ...

  5. Patna Municipal Corporation - Wikipedia

    en.wikipedia.org/wiki/Patna_Municipal_Corporation

    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]

  6. Iowans pay some of the highest property taxes. What to ... - AOL

    www.aol.com/iowans-pay-highest-property-taxes...

    The bill requires higher revenue growth to be used to reduce property tax rates and is estimated to save Iowans about $100 million. It also created new tax exemption for Iowans over 65 years old ...

  7. Payment in lieu of taxes - Wikipedia

    en.wikipedia.org/wiki/Payment_in_lieu_of_taxes

    Canada. In Canada, payment in lieu of taxes are made in place of property taxes on real property owned by federal, provincial, and municipal governments and government agencies to local governments and reserves. [4] They need for PILTs arises from Section 125 of the Constitution Act, 1867 which prohibits levels of government from taxing real ...

  8. Property tax - Wikipedia

    en.wikipedia.org/wiki/Property_tax

    The amount of property tax is equal to the tax base x the tax rate voted by the municipality. The tax base is equal to 50% of the cadastral rental value of the property (For non-built properties, this tax base is equal to 80%). To this base is then applied the revaluation coefficient. (It stood at 1.012 for 2020).

  9. Local Body Tax - Wikipedia

    en.wikipedia.org/wiki/Local_Body_Tax

    The tax is to be paid by a registered trader within 40 days. As per the rules, every trader whose annual turnover of purchase and sales of the goods included in the taxable schedule is not less than ₹ 5000 and if the annual turnover of purchase and sales of all the goods is not less than ₹ 1,00,000 (one lakh) is supposed to be registered with the local civic body i.e. municipality.

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