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Property Tax

Property Tax clouds Hyderabad’s skyline

What is Property Tax? A levy on property that the owner is required to pay is commonly known as a property tax. The governing authority of the jurisdiction in which the property is located levies the tax. Specifically in the case of India, the tax is paid to a local authority such as the municipal […]

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Property Tax clouds Hyderabad’s skyline

What is Property Tax? A levy on property that the owner is required to pay is commonly known as a property tax. The governing authority of the jurisdiction in which the property is located levies the tax. Specifically in the case of India, the tax is paid to a local authority such as the municipal […]

BBMP property tax online payment underway

Bruhat Bangalore Mahanagara Palike (BBMP) has initiated online payment of property tax for the financial year 2013-14. Although the civic authority’s initiative has been lauded for making it easier to pay property tax for citizens, the online payment process seems to be far from being perfect. The civic authority has claimed that BBMP property tax […]

Common tax pits you must avoid

Now that the current financial year is coming to an end, everybody would like to know where his/her tax burdens stand at. When we talk of tax liability, questions arise about tax evasions. It may very well be the case that you would end up evading tax and face consequences of evasion even if you […]

What is tax evasion? Avoid it

What is tax evasion? Tax evasion is an illegal act; it takes place when an individual/organization/corporation intentionally avoids paying his/her/its true tax liability. As an individual, you have the freedom to assess your income and pay taxes. However, when you choose not to pay taxes by abstaining from declaring a certain source of income, then it […]

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