Civic and Governance

Articles and Resources about Civic and Governance

Take Over Maintenance from Builder

Tuesday, July 5th, 2011

Increasing land cost discourages middle or low income people to own an individual house in a prime locality.  The growing apartment culture in cities and increasing property value encourage property buyers to invest in apartment or flats. Every apartment complex has its own apartment owners association or housing society to maintain the apartment and its [...]

Hyderabad Property Tax

Wednesday, April 20th, 2011

The Hyderabad property tax rate varies with size and location of property in the city. Property Tax Identification Number (PTIN) is an important Identification Number for making online payment of Hyderabad Property Tax. Online property tax payment has really reduced the burden of standing in long queues and saved time of property owners. The main [...]

How To Make Online Payment of BBMP Property Tax 2011-12

Thursday, April 14th, 2011

BBMP started collecting property tax for 2011-12. For property owners paying Property tax for the Year 2011-12 will have to shell out a little extra money in the form of garbage cess. Solid Waste Management Cess or garbage cess is applicable for all Residential Buildings, Commercial Buildings, Industrial Buildings, Hotels, Kalyana Mantapa and Nursing home. [...]

Bangalore Solid Waste Management Cess

Tuesday, April 12th, 2011

Bangalore Mahanagara Palike (BBMP) will charge Solid Waste Management Cess along with BBMP property tax 2011-12. Property owners would get a form, along with the self-assessment property tax forms at BBMP revenue offices for Solid Waste Management Cess. The solid waste management cess has to be paid within 60 days from the commencement of the [...]

BBMP Property Tax For The Year 2011-12

Tuesday, April 12th, 2011

BBMP started collecting property tax for 2011-12. Good news for property owners is that there is no revision in the property tax rates. The statement comes as great relief to Bangalore property owners, as there were reports in the last few weeks that the Bruhat Bangalore Mahanagara Palike (BBMP) might hike property tax by as [...]

Union Budget 2011 For Homemakers

Tuesday, March 1st, 2011

Union Budget 2011 was mixed bag which attempt at reducing the fiscal deficit down to 5.1 per cent from the earlier estimate of 5.6 per cent for the current fiscal year and 4.6 per cent for the next. There is no major increase in service tax and excise duties in view of buoyancy in government [...]

Second Home Is An Attractive Investment Option

Tuesday, February 15th, 2011

Second home is extending good support and an attractive investment option for property buyers in India. This also becomes a good investment avenue, as the second home segment all over the country has appreciated astronomically in recent times. Real estate has long been considered a great long-term investment, and a second home is great way [...]

Conditions To Claim Service Tax Credit-Apartment Owners Association

Thursday, February 3rd, 2011

An apartment owners association or Housing society can claim service tax credit if the service provided and received by association falls in same category of service. The Finance Act, 2002 has amended Section 94 of the Finance Act, 1994 to provide for credit of Service. As per section 94(2)(ee) of the Finance Act, 1994, Central [...]

How To Reduce Service Tax Liability of Apartment Owners Association

Thursday, February 3rd, 2011

The Service Tax Return is required to be filed by any person liable to pay the service tax. A small service provider whose aggregate value of taxable services rendered in the previous year has not exceeded the limit of Rs 10 Lakh is exempted from Service Tax. One important question by apartment owners and it [...]

Fire Safety Equipment Should Not Be Included In Connected Load-Says Bescom

Thursday, February 3rd, 2011

This is a success story of Brigade Millennium Mayflower block Residents Association, represented by Arathi Manay Yajaman who challenged BESCOM which included Fire safety equipment in connected load and imposed penalty for ‘unauthorized load’ for apartments in the city. Thank you Ms. Arathi for contributing the story to CommonFloor.com BESCOM Notice imposing penalty for unauthorized [...]