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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.
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 in 1688, later followed by municipal corporations in Bombay and Calcutta by 1762. [1]
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. It governs an area of 181 km 2 with a population of 1.72 million.
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.
In India states earn revenue through own taxes, central taxes, non-taxes and central grants. [1] For most states, own taxes form the largest part of the total state revenue. [1] Taxes as per the state list includes land revenue, taxes on agricultural income, electricity duty, luxury tax, entertainment tax and stamp duty. [2]
The BBMP raises more than half if its annual income from the collection of property tax, a third from State government grants and the remainder received in Central government grants, direct service fees, licences (advertising hoardings) and rent from municipal owned property. [33]
Pimpri-Chinchwad, also known as PCMC, is a city in the Indian state of Maharashtra.The city is about 15 km (9.3 mi) northwest of the historic city of Pune, at an altitude of 590 m (1,940 ft) above sea level.
The act defines a 'benami' transaction as any transaction in which property is transferred to one person for consideration paid by another person. [5] [6] Such transactions were a feature of the Indian economy, usually relating to the purchase of property (real estate), and were thought to contribute to the Indian black money problem. The act ...