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As of 2014-15 revenue, the annual budgetary estimate of Thrissur Corporation is Rs 346.27 crore. Surplus income of the corporation is Rs 6.63 crore. Property tax is the main source of revenue for Thrissur Corporation. [7] [8] Municipal Corporation Building, Thrissur seen from M.O. Road, Thrissur.
Kozhikode Corporation is the municipal corporation that administers the city of Kozhikode, Kerala. Established in 1962, ... Property tax. Profession tax.
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.
Electric vehicle and Classic car owners will pay no tax at all. All vehicle owners get a 10% reduction if they pay the tax before May 1 (which is the deadline for paying the vehicle tax). Physically impaired people and war veterans do not owe any vehicle property tax no matter the vehicle type. [33]
All commercial vehicles may receive toll taxes, except auto rickshaw. Income is also generated from commercial activities like hotels, tourist centers, renting and sale of municipal property, and education cess. Financial grants from the state government are a major source of income for all municipal bodies. Loans are also provided if special ...
As per the Kerala Municipal Act of 1994, the Government of Kerala transferred powers and functions to local self-governments in 1995, along with institutions, offices, and functionaries. Consequently, 18 functions are maintained by the Municipal Corporation: [ 10 ] [ 19 ]
For the purpose of local governance, there are local-self government institutions, which includes 941 Gram panchayats, 152 block panchayats, 14 district panchayats, 6 corporations and 87 municipalities.
Govt. of Kerala as per their order G.O. (MS) 276/67/DD dt. 27/9/67 notified the formation of the Kochi Municipal Corporation by amalgamating the three ancient Municipalities of the state, viz. Ernakulam, Mattancherry and Fort Kochi and the Willingdon Island and four Panchayats viz. Palluruthy, Vennala, Vyttila and Edappally and the small ...