« General » Open DEMAT Account in 24 hrs  Missed reporting foreign assets in ITR? File revised return to avoid Rs 10 lakh penalty  Tax regime shift: Is filing ITR under old regime still valid after default new regime?  Income Tax Department Targets Bogus Refund Claims, Issues Notices To Taxpayers  IT firms bullish on higher spending due to tax cuts  How to calculate capital gains tax on sale of land?  Don't fall for fake notices! How to verify your income tax communication  I decided to shift to the new tax regime. Will I lose benefit on interest income of my PPF account?  Income Tax Return: How to prepare for hassle-free tax compliance? Here is a 10-point checklist  Filing ITR On Your Own? Salaried Taxpayers Need To Know These Things  New vs Old Tax Regime: How is one taxed under the New Regime and how to make a switch between the two regimes?  New tax regime vs old tax regime: What's point at which tax outgo is the same in both regimes? Check salary and deduction levels «  Now, send a SMS to pay your property tax... Companies allowed to offer pricing logic in tax assessment... » Draft simplifies property tax calculation January, 03rd 2009 Following the BBMP commissioners draft notification of property tax with the Unit Area Value and the zonal classification, it's now time for public evaluation. Objections, if any, can be filed in the next 21 days. After considering them, the commissioner will issue the final notification. Property tax collection will start from the date the final notification is issued. A handbook along with application forms will also be issued. Property tax has to be calculated and filed in the forms available in the handbook. In a press note on Friday, the BBMP commissioner has clarified the following issues about the unit area system of property tax assessment.