Indian Express 13.08.2010
Get ready to pay tax for property outside municipal limits
Express News Service Tags : corporation, tax Posted: Fri Aug 13 2010, 01:02 hrs
Chandigarh: If you have property outside the municipal limits of your city or town, you will soon have to pay an annual tax of Re 1 per square foot. Certain types of property are, however, exempted from the tax.The Punjab Cabinet that met on Wednesday approved the draft of the Punjab (Institutions and Other Buildings) Tax Act 2010, according to which Re 1 per square foot per year will be charged if one has a property measuring above 500 square feet outside the municipal limits. While residential property, hospitals, schools up to Class XII, government godowns for storage of food grains have been exempted from this tax, marriage places, mall-cum-multiplexes, hotels and resorts, colleges, universities, commercial property and all other properties will now be taxed. This was one of the recommendations of the Sukhbir-Kalia committee set up by the government on fiscal management.
The draft will be placed in the Vidhan Sabha during the Monsoon Session and after approval of the House, it will be notified in the state.
The council of ministers also gave a go-ahead to the policy for regularisation of unauthorised and unplanned colonies across the state. All such colonies that have come up before August 2007 and are not meeting the set guidelines can now pay between Rs 250 and Rs 400 per square yard of saleable area and get themselves regularised. There are 3,500 illegal colonies in the state.
The Cabinet also approved to rationalise entry tax on various items with a view to protect the local industry.
The draft will be placed in the Vidhan Sabha during the Monsoon Session and after approval of the House, it will be notified in the state.
The council of ministers also gave a go-ahead to the policy for regularisation of unauthorised and unplanned colonies across the state. All such colonies that have come up before August 2007 and are not meeting the set guidelines can now pay between Rs 250 and Rs 400 per square yard of saleable area and get themselves regularised. There are 3,500 illegal colonies in the state.
The Cabinet also approved to rationalise entry tax on various items with a view to protect the local industry.
The Cabinet also approved amendment in the Punjab Police Services Rules 1959. As a result, 60 per cent inspectors will be now promoted as DSPs from district cadre, 24 per cent from PAP and eight per cent each from intelligence and wireless units of the state police.
It also gave approval to fill vacancies of six professors, four readers and 21 lecturers in different departments of the Government Ayurvedic College, Patiala, through direct recruitment by taking these posts out of the purview of the Punjab Public Service Commission.
It also gave nod to grant status of Cabinet Minister to Joginder Kaur Tohra, wife of the late Gurcharan Singh Tohra, former MP and SGPC president.
More Cabinet DECISIONS
* Ex post facto approval to include Kartarpur and Adampur subdivisions in Jalandhar (Rural) police district in addition to Nakodar, Shahkot and Phillaur
* Approval to provision of funds to panchayats for purchase of land for playgrounds and community halls in villages
* Nod to creation of 49 posts of teaching staff according to the norms of the Medical Council of India and to revive 56 sanctioned posts of teaching faculty under direct quota in the Department of Medical Education and Research
* Approved to recruit 101 clerks in the Punjab Civil Secretariat
* Nod to amendment in the Punjab Scheduled Castes Land Development and Finance Corporation Act 1970 and the Punjab Backward Classes Land Development and Finance Corporation Act 1976 to enable the appointment of one of the directors as vice-chairman * Approval to amend Pepsu Townships Development Board Act 1954
