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At present, PCMC has the following subject committees: Law, Women and Child welfare, City improvement, Biodiversity and a committee for Sports, Art, Literature and Culture. [11] The Standing Committee is the perhaps the most important committee of the PCMC formed according to Section 20 of Maharashtra Municipal Corporation Act, 1949. [31]
Local Body Tax, popularly known by its abbreviation as LBT, is the tax imposed by the local civic bodies of India on the entry of goods into a local area for consumption, use or sale therein. [1] The tax is imposed based on the Entry 52 of the State List from the Schedule VII of the Constitution of India which reads; "Taxes on the entry of ...
Composition of state and local tax revenues by sales taxes (brown), property taxes (white), licenses and other fees (grey), individual and corporate income taxes (green) in 2007. Determining the value of property is a critical aspect of property taxation, as such value determines the amount of tax due.
The tax is imposed based on the Entry 52 of the State List from the Schedule VII of the Constitution of India which reads; "Taxes on the entry of goods into a local area for consumption, use or sale therein." [24] The tax is to be paid by the trader to the civic bodies and the rules and regulations of these vary amongst different States in ...
Concession agreement may also state the role of an authority and concessionaire and conditions regarding control and ownership of the assets and facilities such as concession can either allow the authority to retain or keep actual ownership of the assets, turning over to the concessionaire and reverting the control and ownership back to an ...
The PCMC festival is an annual cultural event held in the city. It was started by the Pimpri Chinchwad Municipal Corporation, Pune in 1996 under the name 'Ganesh Festival' as it used to be organized on the occasion of Ganeshotsav. Since 2004, the PCMC stopped organizing the festival and it was kept alive by the PCMC Social Club.
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.
Tax relief can be provided in the form of tax concessions to assure the investment of new businesses or the retention of existing ones. [1] Tax holidays have been granted by governments at national, sub-national, and local levels, and have included income, property, sales, VAT, and other taxes. Some tax holidays are extra-statutory concessions ...