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The corporation was originally (in 1940) divided into 24 wards, covering an area of 30.66 km 2. Through the years, the city corporation has grown to 100 wards, and now the Thiruvananthapuram Corporation Council is the second largest democratically elected body in Kerala after the Legislative Assembly. [5]
The department generates the highest tax revenue for the state government. [1] The core function of the department is two pronged: implementation of taxes on various commodities and services as laid out by various tax laws enacted by Government of India and the state government and to maximize the collection of taxes.
15 Zones of the Chennai Corporation after expansion The city of Chennai in Tamil Nadu, India, is managed by the Corporation of Chennai. Established as Madras Corporation in 1688, it is the oldest municipal body in India. It is headed by a mayor, who presides over 200 councillors each of whom represents a ward. The current mayor of Chennai was elected on 4 March 2022. Prior to its expansion in ...
Source of revenue for these local bodies are mainly from centre-state governments. Local bodies also have the power of taxation which include house tax, profession tax, property tax etc. Apart from these they levy fees for specific building plan and layout approvals, water charges, sewerage charges etc.
For Residential building, Annual rent can be 6 to 9 per cent of total cost of the building at the time construction. For Non Residential building, Annual rent 9 to 12 per cent of total cost of the building at the time construction. Maintenance charges can be 10 per cent of the rent. Tenant need not pay the owner for property tax.
Embassy Group or Embassy Property Developments Pvt. Ltd is a privately held real estate developer based in Bengaluru, Karnataka, India established in 1993. The group is into real estate development for verticals like commercial, residential, hospitality, industrial warehouse spaces, services, retail and education.
TRIDA presently has jurisdiction over the area comprised in the Thiruvananthapuram Corporation and 5 surrounding Panchayats - Vilappil, Vilavoorkkal, Pallichal, Kalliyoor and Venganoor. [1] TRIDA was constituted in the year 1980 under the Travancore Town Planning Act.
The Tamil Nadu Industrial Investment Corporation Limited (TIIC), is a government company incorporated under the Indian Companies Act 1913 and continues to be a government company under the Companies Act, 1956. The authorized share capital of the company is ₹300 crores and the paid-up capital of the company is ₹283.4956 crores [2]