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The Brihanmumbai Municipal Corporation (BMC), [4] or Municipal Corporation of Greater Mumbai (MCGM) is the governing civic body of Mumbai, the capital city of Maharashtra. Salman Khan Is Now Brand Ambassador of BMC from 2016 [5].The BMC is India's richest municipal corporation. [6] [7] Its annual budget exceeds that of some of India's smaller ...
1 List of property tax commissioners. 2 See also. 3 References. Toggle the table of contents. ... (MCGM) or Brihanmumbai Municipal Corporation (BMC)
Greater Mumbai is the urban agglomeration of 18 million people (the largest in India and one of the six largest in the world) which comes under the Municipal Corporation of Greater Mumbai. The Municipal Corporation of Greater Mumbai employs 140,626 people. The Corporation operates an annual budgetary outlay in excess of Rs. 30,000 Crores.
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 ...
A personal loan may offer a cheaper way out of tax debt if you can meet 3 key criteria. Learn the benefits and drawbacks — including alternatives — in this comprehensive guide.
Maharashtra has 29 Municipal Corporations, 232 Municipal councils and 125 Nagar Panchayats.. These urban local bodies are governed by Maharashtra Municipal Corporations Act, 1949, [1] Mumbai Municipal Corporation Act, 1888 [2] and The Maharashtra Municipal Councils, Nagar Panchayats and Industrial Townships Act, 1965.
Property tax has been shown to be regressive [2] (that is, to fall disproportionately on those of lower income) under certain circumstances, because of its impact on particular low-income/high-asset groups such as pensioners and farmers. Because these persons have high-assets accumulated over time, they have a high property tax liability ...
The trustees were later on changed by the Syedna (leader of the Dawoodi Bohras) and the new trustees handed over the property to the Syedna. The property was built for the benefit of the poor and the needy. The property still exists on Charni Road and is still under the name of Sir Adamji Peerbhoy.
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