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Bhopal Municipal Corporation (BMC) is the Municipal Corporation for the capital city of Madhya Pradesh. It is responsible for the civic infrastructure and administration of the city of Bhopal . BMC administers an area of 463 km 2 (250.29 sq mi).
Property taxes are levied by either state government or local civic bodies. Property tax or 'house tax' is a local tax on buildings, along with appurtenant land. It is imposed on the Possessor (not the custodian of property as per 1978, 44th amendment of the constitution). It resembles the US-type wealth tax and differs from the excise-type UK ...
The Investigation Division of the CBDT, abbreviated as Inv-CBDT, is the revenue enforcement agency of the Central Board of Direct Taxes, Government of India.It functions under the Department of Revenue in the Union Ministry of Finance and is concerned with the collection and administration of, as well as enforcement and prosecution of cases related to, the various direct taxes accruing to the ...
Bhopal is the administrative headquarters of the division. The division consists of districts of Bhopal, Raisen, Rajgarh, Sehore, and Vidisha. [1] Before they were merged into Madhya Pradesh in 1956, Bhopal, Sehore, and Raisen districts were part of the former Bhopal State, and Vidisha was part of the former Madhya Bharat state.
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.
Bhopal District (Hindi: भोपाल ज़िला) is a district of Madhya Pradesh state in central India. The city of Bhopal serves as its administrative headquarters. The district is part of Bhopal Division .
A payment in lieu of taxes, abbreviated as PILT or PILOT, [1] [2] [3] is a payment made to compensate a government for some or all of the property tax revenue lost due to tax exempt ownership or use of real property.
Bhopal district administration is headed by the District Magistrate of Bhopal, who is the chief executive officer for the district. [ 57 ] The city is represented in the parliament by Bhopal Lok Sabha constituency , with Alok Sharma from the BJP elected in the 2024 Indian General Election .