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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.
The department was established in 1803 by the Board of Revenue Regulation, 1803 by the British East India Company and was further modified through Revenue Recovery Act, 1864 during the British Raj. [1]
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 ...
The land property tax, called "territorial tax" or "contribution", is an annual amount paid quarterly by the property's owner. It is determined as a percentage of the property's "fiscal value", which is calculated by the Internal Revenue Service, based on the property's land and built area, construction materials, age, and use.
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Greater Chennai Corporation (GCC) [2] is a local government for the City of Chennai in the Chennai Metropolitan Area of Tamil Nadu, India.Inaugurated on 29 September 1688, under a royal charter issued by King James II of England on 30 December 1687 as the Corporation of Madras, it is the oldest municipal body of the Commonwealth of Nations outside Great Britain.
An assessor's parcel number, or APN, is a number assigned to parcels of real property by the tax assessor of a particular jurisdiction for purposes of identification and record-keeping. The assigned number is unique within the particular jurisdiction, and may conform to certain formatting standards that convey basic identifying information such ...
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