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Nashik Municipal Corporation Issues Notices to 10k Property Tax Defaulters, ET RealEstate

The Nashik Municipal Corporation (NMC) has issued notices to over 10,000 property tax defaulters who collectively owe over Rs 40 crore. The civic body has given the defaulters a 15-day window to clear their dues, failing to which action to confiscate the properties will be initiated. ....

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Tax revenue | Modi government allocates lower share of taxes for states despite Finance Commission advisory

A closer look at the Union budget documents over the years reveals that the tax devolution given to states has been significantly lagging compared with the Finance Commission’s recommended level ....

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Shivakumar: Will hit the streets of Karnataka if Centre does not address our concerns: Deputy CM Shivakumar

Karnataka Deputy Chief Minister D K Shivakumar emphasized that the recent protest by Congress legislators and MPs from Karnataka in Delhi was not just a show of strength but a representation of the people s voice. The protest aimed to highlight alleged injustices by the Centre in tax devolution and grants-in-aid, amounting to a loss of Rs 1,87,000 crore for the state. ....

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