Posts Tagged “Now”

Property tax: Mumbai’s flat owners, not buildings, to be taxed from now

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Property tax: Mumbai’s flat owners, not buildings, to be taxed from now

The city administration has decided to collect property tax from individual flats rather than entire buildings in a move anticipated to both hold the individual flat owner more accountable as well as facilitate the tax payment for Mumbaikars. The Brihanmumbai Municipal Corporation’s policy decision has been taken under section 155 of the Mumbai Municipal Corporation…

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Budget 2019: TDS to now be paid on parking charges, maintenance fees while purchasing property

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Budget 2019: TDS to now be paid on parking charges, maintenance fees while purchasing property

Budget 2019 has proposed that car parking fees, club membership charges, maintenance fees and water charges be clubbed with the cost of the property while determining the amount of tax that the homebuyer is expected to pay at the time of property purchase. This is what the Budget memorandum says: “Section 194-IA of the Act…

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Now, steel import from Iran worries Indian companies

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Now, steel import from Iran worries Indian companies

Amid the rising concern over cheap steel imports from China and countries that have signed a free trade agreement, some traders in India are worried about heavily discounted steel imports from Iran, which is facing US economic sanctions. The first consignment is expected in two tranches of 32,000 tonnes and 50,000 tonnes from Bandar Imam…

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