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KDMC means Kalyan Dombivli Municipal, is a local authority that looks after the cities of Kalyan and Dombivli. It is responsible for garbage collection, parks, and libraries. It also handles property tax payment-related issues, such as how much to pay each year or how many properties can be claimed under tax rebate schemes offered by KDMC authorities. If you want to know about KDMC. Then visit the HonestBroker website and learn everything about it. https://www.honestbroker.in/blogs/kdmc-property-tax

Property tax is to be paid on all tangible real estate that you own. This is not just limited to residential properties, but applies to commercial properties like factories and shops, and attached land too. In India, property tax extends to improvements made on land, and local municipalities assess the amount of tax to be paid based on the property’s market value.

If you are an owner of residential or commercial property in India, then you need to pay property tax on it. The exact property tax bill is generated on factors like the size and location of the property, gender and age of the owner, among others.

Property tax, which is charged by the local government on real estate including land owned by you. The value of property forms the basis of this tax. Many local governments calculate the property or house tax not only based on the size of the property but its location, occupancy status, covered area and quality of construction.

The property on which you ought to pay the house tax is a real estate asset. It is tangible and is owned by a person. The property on which the tax is collected can be a commercial or a residential or some space that has been rented to another person.

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Are you wondering what is BBMP? How to calculate BBMP property tax, How to pay property tax in Bangalore, Different types of BBMP Property tax forms, etc. Then visit the HonestBroker website and learn everything about it.

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A personal property tax, also known as an inventory tax, is a tax that goes toward the upkeep of public works in the community. These taxes are typically paid annually to states and local governments and apply to personal property such as vehicles, boats, airplanes, and other large items that are not typically purchased with the intention of re-selling them in the future. Website - https://nxtlevlpros.com/

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Though the sale of scrap or waste materials is liable to tax but the term “Scrap” is nowhere defined under the GST Laws. In such a situation, we can derive the meaning of ‘scrap’ as per the normal business or commerce parlance. As per the business dictionary, “scrap” means “waste that either has no economic value or only the value of its basic material content recoverable through recycling.

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