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Taxation

MCD standing committee says no to professional tax

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The Times of India 17.01.2010

MCD standing committee says no to professional tax

NEW DELHI: Providing relief to scores of professionals in the city, the legislative wing of the Municipal Corporation of Delhi (MCD) is planning not to introduce professional tax.

MCD commissioner K S Mehra had, in December 2009, proposed imposing professional tax on all those professionals who work in area falling under its jurisdiction and have an income of more than Rs 30,000 per month. But the civic agency's standing committee has decided not to clear this item which will be tabled in Monday's special meeting for finalizing the revised budget estimates 2009-10 and budget estimates 2010-11.

"We dont want to burden Delhiites who are already finding it difficult to cope with rising prices. The standing committee members have decided not to introduce this tax,'' said Ram Kishan Singhal, chairman of the standing committee.

Mehra had also proposed an increase of 5% in tax rates in all categories residential and commercial in the city. The entire MCD area has been divided into eight categories A to H, wherein category A stands for upscale colonies. However, the committee is planning to provide rebate in property tax rates instead of increasing it. "Instead of increasing the tax rate by 5%, as proposed by the commissioner, we will try to reduce the rate of tax for category A and B. A final decision in this matter will be taken on Monday, added Singhal. According to sources the civic agency is planning to charge Rs 100 for any animal entering the city.
 

MCD relief for professionals

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Hindustan Times 18.01.2010

MCD relief for professionals

Providing relief to scores of professionals in the city, the legislative wing of the Municipal Corporation of Delhi (MCD) is planning not to introduce professional tax this year.

Last year, the MCD commissioner had proposed to introduce professional tax on all those professionals who work in Delhi’s MCD area and have an income of more than Rs 30,000 per month.

But the civic agency’s high powered standing committee has decided not to clear this item to be tabled at Monday’s special meeting for finalising the revised budget estimates of 2009-10 and budget estimates of 2010-11.

“We don’t want to burden Delhiites who are already finding it difficult to cope with rising prices. The standing committee members have decided not to introduce this tax,” said Ram Kishan Singhal, chairman of the standing committee of the MCD.

The municipal commissioner had proposed an increase of five per cent in tax rates in all categories — residential and commercial — in the city.

The entire MCD area has been divided into eight categories A to H, wherein category A stands for upscale colonies.

The committee is planning to provide rebate in property tax too.

“Rather than 5 per cent which was proposed by the municipal commissioner, we will try to reduce the rate of tax for category A and B,” said Singhal.

According to sources, the civic agency is also planning to charge Rs. 100 for any animal entering the city.

Last Updated on Monday, 18 January 2010 09:14
 

Civic chief's draft budget proposes 22% hike in taxes

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The Times of India 16.01.2010

Civic chief's draft budget proposes 22% hike in taxes

PUNE: Proposing a steep hike in taxes, municipal commissioner Mahesh Zagade on Friday tabled the draft municipal budget of Rs 2,910 crore for
approval of the standing committee. Zagade said a tax hike was imperative to generate funds to execute major development works worth Rs 1,634 crore.

Presenting his first draft budget as Pune municipal commissioner, Zagade proposed a 22% hike of taxes, including octroi taxes, road and fire cess, and doubling water charges.

"I have presented a realistic budget, based on actual possible income sources. If the proposed hike in taxes is rejected, the budget of Rs 2,910 will be reduced by Rs 377.87 crore. But, we need to remember that concrete steps are required if we want to strengthen the infrastructure and develop a city of international standards."

In 2009-10, the general body of the Pune Municipal Corporation (PMC) had approved the highest-ever budget of Rs 3,303.85 crore. However, the actual income of the civic body by December 2009 was just Rs 1,345.49 crore — of which Rs 1,157 has been utilised.

This year, Zagade said, the focus will be on administrative reform, empowerment of the administration, citizen facilitation and financial matters. The PMC will publish accountability documents and assess the works by concerned departments on an annual basis. He also announced a separate unit to manage the Bus Rapid Transport System project and proposed new 954 posts, including that of expert directors for water, sewage and road departments.
 


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