Tag: Property Tax

2000 – 20,000 Badami Bagh Cantonment Board begins levying Property Tax

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2000 - 20,000 Badami Bagh Cantonment Board begins levying Property Tax

People living within the jurisdiction of Badami Bagh Cantonment Board (BBCB), an autonomous body under the Ministry of Defense, have begun receiving property tax bills from the board for their commercial and residential structures in Srinagar. Residents of several localities including Sonwar, Indra Nagar, Batwara, and Shivopora said that they have received property tax bills from the Board for the ongoing year. The bills have been charged as per the value of the property and range from Rs 2000-20,000. The authorities, according to locals, have unilaterally valued their properties and…

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JKPCC leadership protested against rising Fuel Prices & Property Tax

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J&K Pradesh Congress Committee (JKPCC) president G A Mir and 145 other party leaders and activists Thursday courted arrest, after a brief scuffle with the police which foiled their attempt to march towards Civil Secretariat from Satwari, in protest against soaring fuel prices and imposition of property tax. The police, later, freed all the detained leaders and activists. Led by JKPCC president GA Mir, the protesters assembled here at Satwari against property tax, toll plazas, hike in diesel, petrol and LPG prices and staged a dharna. While shouting slogans against…

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J&K Govt issues notification imposing Property Tax on land and buildings across J&K

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This is the first time residents of Jammu and Kashmir will have to pay property tax. The Government of Union Territory of Jammu and Kashmir (J&K) has issued a notification imposing property tax through urban localbodies (Municipal Corporation, Committees) in their respective areas across Union Territory. In this regard, a notification was issued on February 12, 2021 by Dheeraj Gupta, Principal Secretary to the Government, Housing and Urban Development department of UT J&K. “In exercise of the powers conferred by the Jammu & Kashmir Property Tax Board Act, 2013 (Act),…

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Imposition of Property Tax aimed to harass people of Kashmir: KEA

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Kashmir Economic Alliance (KEA) Saturday lambasted the Government for its decision of empowering to impose Property Tax through the Municipal Corporations, Municipal Councils and Municipal Committees in their respective areas. KEA Co-Chairman Farooq Dar while addressing a press conference said that it has become a routine for Government to bring amendments in existing laws. Termed the tax “unjustified”, he said that law is being enforced upon people forcibly. “This is grave injustice. People are already reeling under the financial crunches due to slowdown of economy and this unnecessary and extra…

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