Residents across the city have started receiving misleading information about property tax rebate for senior citizens offered by Chennai Corporation. The message read: “In Chennai, the Senior ...

Property tax rates have risen nationwide, creating challenges for many homeowners, including retirees. Data show that last year’s property tax bills increased by as much as 30% in some places.

And the 2023 number was down 10.26% from December 2022. The tax is collected by resort owners, landlords and property managers of accommodations leased for six months or less. The decline in revenues ...

Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Stella Osoba is the Senior Editor ...

ITAT Chennai held that although the assessee company was following the mercantile system of accounting, only real income could be brought to tax. Hypothetical income cannot be taxed. Hence, appeal of ...

Generally, your property's assessment, the basis of property tax, will not increase by more than inflation or 2% per year, whichever is lower. Inflation is set by the California Consumer Price Index.

In the recent ruling HC of Telangana have held that assessee is eligible to claim capital gain after observing that the ...

Receipts for 2024 increased 0.4% to $51.66 million, the largest increase in the Western New York region. The county's 2024 budget included $50.75 million in sales tax receipts, with receipts ...

In an interview with reporters Tuesday following the BIR’s tax compliance verification drive in Quezon City, Internal Revenue Commissioner Romeo Lumagui Jr. said that candidates for both national and ...

And where does that property tax money go? According to Investopedia: “Property tax receipts are the main source of revenue for most local governments in the U.S. They are used to fund schools ...

Before you take the plunge, it’s essential to understand the current investment property rates available ... such as changes in tax laws or regulations related to investment properties, can ...