Property

Surge in online assets tax series via SDMC

There has been a “surge” within the series of property tax online by way of the South Delhi Municipal Corporation, with Rs 80 crore collected in the first area this monetary, the civic body these days stated.

“The online series as much as June 20 become Rs eighty crore this 12 months from 1,60,000 tax-payers in comparison to Rs 60 crore from 1,31,000 tax-payers in the corresponding length remaining 12 months,” the civic frame stated.

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The amnesty scheme released remaining 12 months has also delivered many new taxpayers beneath the tax internet, the SDMC stated.

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The SDMC is set to begin a door-to-door survey of all residences falling in its jurisdiction next month.

“The branch is going to use the maps obtained from Geospatial Delhi Ltd. Based on the maps, the sector surveyors might be traveling all houses and amassing records essential to calculate the belongings tax legal responsibility and the information of tax paid via the belongings proprietor.

“This exercise is in all likelihood to be finished in 9 months. According to the Delhi Municipal Corporation Act, all constructing and vacant land are at risk of pay property tax,” the civic body said in an assertion. The SDMC had collected assets tax worth Rs 900 crore all through economic 12 months 2016-17 from nearly four,50,000 tax-payers.

By a conservative estimate, at least 12 lakh properties are at risk of paying assets tax.

The branch is hopeful that this workout of the door-to-door survey will carry the remaining properties under the tax net and raise the revenue collection further.

BJP chief Sushil Modi leveled clean allegations in opposition to Bihar Deputy Chief Minister Tejaswi Yadav and MP Misa Bharti for acquiring became property. He disclosed info of the sixth shell agency owned by Rashtriya Janata Dal (RJD) leader Lalu Prasad Yadav’s son Tejaswi and MP’s daughter Misa.

Modi alleged that through these shell agencies, Lalu’s own family has acquired “became” homes across the u. S . A.

According to Modi, a Kolkata-based firm Fair grow Holding Pvt Ltd, which was installed by KP Saraogi and AK Maheshwari in 1991, is now owned by Tejaswi and Misa. The registered deal with the business enterprise was 130/1, Backup Bagan Road, Bhawanipur, Kolkata.

Between 2004-09, whilst Lalu became the Railway Minister, his close aide and Corporate Affairs Minister Prem Gupta’s associates took over the corporation. Soon after taking up the company, Vijay Pal Tripathi turned made the organization’s director. Tripathi was the additional director of Delight Marketing Pvt Ltd, a business enterprise owned through Prem Gupta.

In 2006, another associate of Prem Gupta, Anil Tulsiyan, turned into a made director in Fair grow Ltd. Eight years afterward, on June 19, 2014, all corporation directors had been eliminated and changed using Lalu’s little kids, Tejaswi Yadav, Tej Pratap, Chanda, and Ragini.

Modi stated that in Lalu’s term as Railway Minister, Fair grow purchased a residence worth Rs seventy-six lakh. The buy was reflected within the balance sheet of 2011, but now not in 2012. The house was replaced by a piece of land, although the fee remained identical.

“The residence, which changed into purchased for Rs 76 lakh in 2008 through the business enterprise have to be well worth Rs 10 crore today. This way, Tejaswi and Lalu’s circle of relatives individuals became the proprietors of this land worth over crore at the side of the enterprise Fair grow,” said Modi.

According to the BJP leader, after investigating the determined that there has been no agency known as Fair grow Ltd in Kolkata registered at one hundred thirty/1, Backup Bataan Road.

“It has been shown on papers that there are 20 shareholders in this company, but the truth is that there are no shareholders in this enterprise. The question is why did the promoters of the corporation switch their organization to Prem Gupta and why were the administrators transferred and Tejaswi and rest of Lalu’s family individuals took over in?” puzzled Modi.

Modi had earlier exposed how Lalu and their family accumulated properties worth crores through 5 shell businesses- Delight Marketing, AB Exports, AK Infosystems Pvt Ltd, Michael Packers, and KKH Holdings.

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