Tag: Houses

No Property Tax for small houses: Govt – Kashmir News

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No Property Tax for small houses; meagre for small businesses: Govt
Jammu, Feb 23 : In a meeting chaired by the Chief Secretary to deliberate upon misinformation created regarding property tax in Jammu and Kashmir, it was clarified that all the poor, marginalized having small houses having built-up area up to 1000 square feet have been exempted by the government from paying any property tax to be levied from April onwards this year.
The meeting was attended by Additional Chief Secretary, Home; Principal Secretary, H&UDD; ADGP Jammu/Kashmir; Deputy Commissioners; SSPs; Commissioners of Jammu and Srinagar Municipal Corporations and other concerned officers.
It was informed that levy of property tax is essential part of urban sector reforms. Jammu and Kashmir is one of the last States/UTs to levy property tax and non-imposition of the tax was depriving local bodies to become self sustaining. Urban Local Bodies (ULBs) are required to render multiple civic services in their jurisdiction and need resources. The levy of this tax will improve the financial health of these institutions and improve services, besides creating employment.
While explaining the methodology of levying this tax in the UT, the Principal Secretary, H&UDD, Rajesh Prasad stated that there is no tax liability for those having built-up area of their houses less than 1000 sft besides the proportion of taxes is considerably lesser here than that levied in other parts of the country.
Similarly, all places of worship, including Temples, Masjids, Gurudwaras, Churches, Ziarats, Cremation grounds, Burial grounds etc are exempt from payment of property tax.
It was further informed that the Tax is proposed to be levied at just 5% of Taxable Annual Value (TAV) of the property in case of a residential property and at 6% of TAV in case of Non-Residential property. It was also apprised that the tax rates, even in the Corporations are one of the lowest in the country, almost half that of Himachal, and one fourth to one sixth, overall, of other progressive States like Gujarat Maharashtra, Karnataka and Delhi. Tax to be paid in Municipal Committees shall be much lower than that of Municipal Corporations. There is no property tax in rural areas. Besides the property tax is to be assessed and paid on annual basis.
Elucidating further the Commissioner, Jammu Municipal Corporation, Rahul Yadav informed that the tax is progressive in nature with low tax on smaller assets and is linked to circle rates – lower the circle rate, lower is the tax liability of the owner. The tax also takes into account factors like age of the property, usage type and construction type etc to arrive on TAV for realistic capturing of value of property.
Cases illustrating such as property tax to be levied on a 35 year old residential house with built up area of 4500 Sft in Gandhi Nagar is assessed to be Rs.5758 for one year.

Similarly, a 25 year old residential house in Sarwal with built up area of 2000 Sft will have to pay only Rs1063 as property tax. A 5 year old residential house with built up area of 3500 Sft in Channi area would be assessed to Rs5374 property tax for one year.Small shops shall have to pay very small amounts with the example of a small shop in the old city area of Jammu with area of about 200 Sft which is only 0-20 years oldwould be liable to pay tax of only Rs 838 per annum.
In this regard Dr Mehta directed the DCs to create awareness in their areas by giving such real examples of calculation of the tax for different properties in their ULBs of the district. He observed that the misinformation created among people should be addressed by taking them along. He asked them to involve the elected representatives and civil society members in dissemination of the information and actual objectives of imposing this tax here.
On the occasion the Chief Secretary also impressed upon the officers to create awareness among public for removing misconceptions. He told them to create a helpline for the masses which would disseminate the correct information about this matter. He urged them to come up with a simple ‘Property Tax calculator’ for people so that they themselves are able to assess the actual amount they are liable to pay.
It was also mentioned that economy of J&K has been doing well and unemployment rate as per GoI data has shown healthier trend. The per capita income of people of J&K is amongst better States/UTs.
Dr. Mehta emphasised on the fact that people should be made aware that it is not permitted to direct ULB resources for any other purposes. The property tax paid by people shall be used in their own areas. The accumulations of the tax money will be collected by the ULBs, retained by them and used for their development needs exclusively. The tax to be collected from the people shall be spent only for their betterment, improving their quality of life.
Regarding its implications it was said that the Property Tax is to be levied annually and can be paid in two equal installment. Further, 10% rebate can be availed by early payment of the Property Tax.
The payment of property tax shall also facilitate common people in availing various facilities and services through their concerned local bodies with the expenditure of funds collected by levying this tax. (GNS)

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( With inputs from : kashmirnews.in )

February 23, 2023
No Property Tax for small houses; meagre for small businesses

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Collections to be utilized exclusively for developmental activities in respective Municipalities
JAMMU, FEBRUARY 23: In a meeting chaired by the Chief Secretary to deliberate upon misinformation created regarding property tax in Jammu and Kashmir, it was clarified that all the poor, marginalized having small houses having built-up area up to 1000 square feet have been exempted by the government from paying any property tax to be levied from April onwards this year.
The meeting was attended by Additional Chief Secretary, Home; Principal Secretary, H&UDD; ADGP Jammu/Kashmir; Deputy Commissioners; SSPs; Commissioners of Jammu and Srinagar Municipal Corporations and other concerned officers.
It was informed that levy of property tax is essential part of urban sector reforms. Jammu and Kashmir is one of the last States/UTs to levy property tax and non-imposition of the tax was depriving local bodies to become self sustaining. Urban Local Bodies (ULBs) are required to render multiple civic services in their jurisdiction and need resources. The levy of this tax will improve the financial health of these institutions and improve services, besides creating employment.
While explaining the methodology of levying this tax in the UT, the Principal Secretary, H&UDD, Rajesh Prasad stated that there is no tax liability for those having built-up area of their houses less than 1000 sft besides the proportion of taxes is considerably lesser here than that levied in other parts of the country. Similarly, all places of worship, including Temples, Masjids, Gurudwaras, Churches, Ziarats, Cremation grounds, Burial grounds etc are exempt from payment of property tax.
It was further informed that the Tax is proposed to be levied at just 5% of Taxable Annual Value (TAV) of the property in case of a residential property and at 6% of TAV in case of Non-Residential property. It was also apprised that the tax rates, even in the Corporations are one of the lowest in the country, almost half that of Himachal, and one fourth to one sixth, overall, of other progressive States like Gujarat Maharashtra, Karnataka and Delhi. Tax to be paid in Municipal Committees shall be much lower than that of Municipal Corporations. There is no property tax in rural areas. Besides the property tax is to be assessed and paid on annual basis.
Elucidating further the Commissioner, Jammu Municipal Corporation, Rahul Yadav informed that the tax is progressive in nature with low tax on smaller assets and is linked to circle rates – lower the circle rate, lower is the tax liability of the owner. The tax also takes into account factors like age of the property, usage type and construction type etc to arrive on TAV for realistic capturing of value of property.
Cases illustrating such as property tax to be levied on a 35 year old residential house with built up area of 4500 Sft in Gandhi Nagar is assessed to be Rs.5758 for one year. Similarly, a 25 year old residential house in Sarwal with built up area of 2000 Sft will have to pay only Rs1063 as property tax. A 5 year old residential house with built up area of 3500 Sft in Channi area would be assessed to Rs5374 property tax for one year.Small shops shall have to pay very small amounts with the example of a small shop in the old city area of Jammu with area of about 200 Sft which is only 0-20 years oldwould be liable to pay tax of only Rs 838 per annum.

In this regard Dr Mehta directed the DCs to create awareness in their areas by giving such real examples of calculation of the tax for different properties in their ULBs of the district. He observed that the misinformation created among people should be addressed by taking them along. He asked them to involve the elected representatives and civil society members in dissemination of the information and actual objectives of imposing this tax here.
On the occasion the Chief Secretary also impressed upon the officers to create awareness among public for removing misconceptions. He told them to create a helpline for the masses which would disseminate the correct information about this matter. He urged them to come up with a simple ‘Property Tax calculator’ for people so that they themselves are able to assess the actual amount they are liable to pay.
It was also mentioned that economy of J&K has been doing well and unemployment rate as per GoI data has shown healthier trend. The per capita income of people of J&K is amongst better States/UTs.
Dr. Mehta emphasised on the fact that people should be made aware that it is not permitted to direct ULB resources for any other purposes. The property tax paid by people shall be used in their own areas. The accumulations of the tax money will be collected by the ULBs, retained by them and used for their development needs exclusively. The tax to be collected from the people shall be spent only for their betterment, improving their quality of life.
Regarding its implications it was said that the Property Tax is to be levied annually and can be paid in two equal installment. Further, 10% rebate can be availed by early payment of the Property Tax.
The payment of property tax shall also facilitate common people in availing various facilities and services through their concerned local bodies with the expenditure of funds collected by levying this tax.
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#Property #Tax #small #houses #meagre #small #businesses
( With inputs from : roshankashmir.net )

February 23, 2023
No Property Tax For Small Houses; Meagre For Small Businesses: Govt

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JAMMU: In a meeting chaired by the Chief Secretary to deliberate upon misinformation created regarding property tax in Jammu and Kashmir, it was clarified that all the poor, marginalized having small houses having built-up area up to 1000 square feet have been exempted by the government from paying any property tax to be levied from April onwards this year.
The meeting was attended by Additional Chief Secretary, Home; Principal Secretary, H&UDD; ADGP Jammu/Kashmir; Deputy Commissioners; SSPs; Commissioners of Jammu and Srinagar Municipal Corporations and other concerned officers.
It was informed that levy of property tax is essential part of urban sector reforms. Jammu and Kashmir is one of the last States/UTs to levy property tax and non-imposition of the tax was depriving local bodies to become self sustaining. Urban Local Bodies (ULBs) are required to render multiple civic services in their jurisdiction and need resources. The levy of this tax will improve the financial health of these institutions and improve services, besides creating employment.
While explaining the methodology of levying this tax in the UT, the Principal Secretary, H&UDD, Rajesh Prasad stated that there is no tax liability for those having built-up area of their houses less than 1000 sft besides the proportion of taxes is considerably lesser here than that levied in other parts of the country. Similarly, all places of worship, including Temples, Masjids, Gurudwaras, Churches, Ziarats, Cremation grounds, Burial grounds etc are exempt from payment of property tax.
It was further informed that the Tax is proposed to be levied at just 5% of Taxable Annual Value (TAV) of the property in case of a residential property and at 6% of TAV in case of Non-Residential property. It was also apprised that the tax rates, even in the Corporations are one of the lowest in the country, almost half that of Himachal, and one fourth to one sixth, overall, of other progressive States like Gujarat Maharashtra, Karnataka and Delhi. Tax to be paid in Municipal Committees shall be much lower than that of Municipal Corporations. There is no property tax in rural areas. Besides the property tax is to be assessed and paid on annual basis.
Elucidating further the Commissioner, Jammu Municipal Corporation, Rahul Yadav informed that the tax is progressive in nature with low tax on smaller assets and is linked to circle rates – lower the circle rate, lower is the tax liability of the owner. The tax also takes into account factors like age of the property, usage type and construction type etc to arrive on TAV for realistic capturing of value of property.
Cases illustrating such as property tax to be levied on a 35 year old residential house with built up area of 4500 Sft in Gandhi Nagar is assessed to be Rs.5758 for one year. Similarly, a 25 year old residential house in Sarwal with built up area of 2000 Sft will have to pay only Rs1063 as property tax. A 5 year old residential house with built up area of 3500 Sft in Channi area would be assessed to Rs5374 property tax for one year.Small shops shall have to pay very small amounts with the example of a small shop in the old city area of Jammu with area of about 200 Sft which is only 0-20 years oldwould be liable to pay tax of only Rs 838 per annum.
In this regard Dr Mehta directed the DCs to create awareness in their areas by giving such real examples of calculation of the tax for different properties in their ULBs of the district. He observed that the misinformation created among people should be addressed by taking them along. He asked them to involve the elected representatives and civil society members in dissemination of the information and actual objectives of imposing this tax here.

On the occasion the Chief Secretary also impressed upon the officers to create awareness among public for removing misconceptions. He told them to create a helpline for the masses which would disseminate the correct information about this matter. He urged them to come up with a simple ‘Property Tax calculator’ for people so that they themselves are able to assess the actual amount they are liable to pay.
It was also mentioned that economy of J&K has been doing well and unemployment rate as per GoI data has shown healthier trend. The per capita income of people of J&K is amongst better States/UTs.
Dr Mehta emphasised on the fact that people should be made aware that it is not permitted to direct ULB resources for any other purposes. The property tax paid by people shall be used in their own areas. The accumulations of the tax money will be collected by the ULBs, retained by them and used for their development needs exclusively. The tax to be collected from the people shall be spent only for their betterment, improving their quality of life.
Regarding its implications it was said that the Property Tax is to be levied annually and can be paid in two equal installment. Further, 10% rebate can be availed by early payment of the Property Tax.
The payment of property tax shall also facilitate common people in availing various facilities and services through their concerned local bodies with the expenditure of funds collected by levying this tax.

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#Property #Tax #Small #Houses #Meagre #Small #Businesses #Govt
( With inputs from : kashmirlife.net )

February 23, 2023
3 more houses damaged due to ‘sinking’ of land in J-K’s Ramban

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Ramban: Three more residential houses and a 33-kV power transmission line were damaged due to “sinking” of land in the hilly Duksar Dalwa village in Jammu and Kashmir’s Ramban district, officials said on Monday.
A team of Geological Survey of India (GSI) is visiting the village on Tuesday to ascertain the reasons for the sudden “sinking” of land, which has so far rendered 16 families homeless besides damaging a 500-metre stretch of now closed Sangaldan-Gool road, the officials said.
Ramban Deputy Commissioner Mussarat Islam visited the village and interacted with the affected families, assuring them of every possible help from the administration in their rehabilitation.
He directed the Gool Sub-Divisional Magistrate, Tanveer-ul-Majeed Wani, to process relief cases of damaged houses on war-footing under SDRF to provide assistance to victims in the shortest possible time.
Islam said a total of 16 affected families have been shifted to safer places, besides providing tents, blankets and utensils to them.
The land sinking in the village started on Friday and so far 16 houses were damaged, with three of them developing cracks on the intervening night of Sunday and Monday.
The GSI experts are scheduled to arrive at Duksar on Tuesday to ascertain the reasons behind the sinking of land, the officials said, adding the electricity supply to a dozen panchayats in Gool was snapped following damage to the 33-kV power transmission line passing through the village.
The deputy commissioner also inspected the Dharam-Salballa road to use it as a temporary alternate route for regulating essential services and supplies to Gool and directed the Public Works Department to make the road traffic worthy.

He also passed the directions to officers concerned for the restoration of power and water supply in affected areas, the officials said, adding directions were given for quick relaying of the 33 KV network so that power supply to Gool is restored.
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#houses #damaged #due #sinking #land #JKs #Ramban
( With inputs from www.siasat.com )

February 20, 2023
10 Houses, Several Shops Damaged In Landslide In Central Kashmir

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SRINAGAR: At least 10 houses, several shops and 4 cowshed were damaged after a landslide struck Rezan area of Sonamarg in central Kashmir Ganderbal district last night.
Quoting an official the news agency KNO reported that the landslide was triggered by continuous rains and caused massive damage in the area.
He said the slide continued till 4 am in the morning and at least 10 houses, several shops and cowshed have been damaged in the incident.
Meanwhile, SDM Kangan Javaid Ahmad Rather told KNO no casualties were reported in the incident.
“As soon as the landslide occurred, a rescue operation was launched and civilians were shifted to safer places,” he said.
He added the operation continued overnight and they have started it again to remove the debris.
“All assistance is being provided to the affected people, while rescue and relief teams are on the job,” he said

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#Houses #Shops #Damaged #Landslide #Central #Kashmir
( With inputs from : kashmirlife.net )

February 20, 2023
Rezan Landslide: 10 houses, several shops, 4 cowsheds damaged

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Ganderbal, Feb 20: At least 10 houses, several shops and 4 cowshed were damaged after a landslide struck Rezan area of Sonamarg in central Kashmir Ganderbal district last night.
An official told the news agency—Kashmir News Observer (KNO) that the landslide was triggered by continuous rains and caused massive damage in the area.
He said the slide continued till 4 am in the morning and at least 10 houses, several shops and cowshed have been damaged in the incident.
Meanwhile, SDM Kangan Javaid Ahmad Rather told KNO no casualties were reported in the incident.
“As soon as the landslide occurred, a rescue operation was launched and civilians were shifted to safer places,” he said.
He added the operation continued overnight and they have started it again to remove the debris.
“All assistance is being provided to the affected people, while rescue and relief teams are on the job,” he said—(KNO)

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#Rezan #Landslide #houses #shops #cowsheds #damaged
( With inputs from : roshankashmir.net )

February 20, 2023
J-K: Landslide damages 9 houses on Srinagar-Leh highway

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Srinagar: Landslide damaged nine houses and a cowshed on the Srinagar-Leh highway, said officials on Monday, adding that there was no loss of life.
Officials said that the landslide occurred in Rezin village of Sonamarg area in Ganderbal district on the Srinagar-Leh highway.
“Landslides triggered by heavy rain in the area caused damage to 9 houses and a cowshed. There was no loss of life. The residents of damaged houses have been shifted to safer places.
“Traffic on Srinagar-Sonamarg road has been restored,” officials said.
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#Landslide #damages #houses #SrinagarLeh #highway
( With inputs from www.siasat.com )

February 20, 2023
J-K: Landslide damages over dozen houses in Ramban, 13 families shifted

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Ramban/Jammu: Over a dozen residential houses were damaged in a massive landslide in a remote village in Jammu and Kashmir’s Ramban district, rendering 13 families homeless, officials said on Sunday.
The affected families were shifted to safer locations and provided immediate relief, while the main road passing near the village was closed for vehicular traffic after developing cracks, they said.
The incident that took place in Duksar Dal village in Gool sub-division, 45 km from Ramban district headquarters, comes barely a fortnight after 19 residential houses, a mosque, and a religious school for girls developed cracks due to land sinking at Nai Basti village of Doda district.
“A total of 13 houses were damaged and rendered uninhabitable due to the landslide at Duksar Dal over the past three days. The affected families were shifted and provided tents, ration, utensils and blankets as immediate relief,” Sub-Divisional Magistrate Gool Tanveer-ul-Majeed Wani told PTI.
He said the land started sliding on Friday, also affecting a local graveyard following which the mortal remains of a local were exhumed and later buried at another place.
“We are monitoring the situation and have placed restrictions for the time being on the movement of people in the area as the land is still sinking. The experts from Geological Survey of India (GSI) are visiting the place within the next couple of days to inspect the scene and look for the reasons for the sudden landslide,” the officer said.
He said the affected families would be provided compensation from the State Disaster Management Fund as per laid down norms within the shortest possible time.
The SDM said the main road connecting Gool and Sangaldan was closed after it also developed cracks and Border Roads Organisation (BRO) was requested to make the alternate road motorable to facilitate movement of people and defence vehicles.

Raqeeb Wani, the local sarpanch, said “The people are in a panic as we have never witnessed such a thing in the past. We are thankful to the district administration for the quick response and we are hopeful that all the affected families will be suitably rehabilitated.”
He said agricultural and horticulture land was also hit by the landslide and the farmers needed to be provided adequate compensation for the loss of fruit bearing trees.
Meanwhile, a three-member team from the National Institute of Disaster Management headed by Professor Surya Prakash visited Nai Basti village of Tharthri for a survey on Sunday, officials said.
Earlier, several other teams including experts from the GSI also inspected the affected village to ascertain the underlying factors for the development of cracks in the concrete structures.
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#Landslide #damages #dozen #houses #Ramban #families #shifted
( With inputs from www.siasat.com )

February 19, 2023
Leh Highway Blocked, Several Houses, Cowshed Damaged In Landslide In Sonamarg

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SRINAGAR: Srinagar-Leh national highway was closed, while several houses and a cowshed were damaged due a landslide in Rezin area of Sonamarg in central Kashmir Ganderbal district on Sunday evening.
Quoting an official the news agency KNO reported that the landslide triggered by heavy rainfall caused massive damage to houses and a cowshed and also blocked the Leh highway.
He said that officials were assessing the situation and taking steps to provide assistance to the affected people.
Meanwhile, in a statement, district administration said a landslide triggered at Rezin, leading to blockage of the highway.
“Some houses have been damaged by slide, however, no loss of life or injury had been reported. Area has been cleared, and residents of the affected area have been moved to safer places,” reads the statement.
It reads rescue teams and senior officers are also present on the spot and monitoring the situation closely.
“The highway will be cleared with the help of Beacon authorities. For any emergency or information, please contact these numbers 9906668731, 9419371774, 9541786731, 0194-2416478 and 0194-2416564,” it reads.

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#Leh #Highway #Blocked #Houses #Cowshed #Damaged #Landslide #Sonamarg
( With inputs from : kashmirlife.net )

February 19, 2023
Leh highway blocked, several houses, cowshed damaged in landslide in Sonamarg

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Ganderbal, Feb 19: Srinagar-Leh national highway was closed, while several houses and a cowshed were damaged due a landslide in Rezin area of Sonamarg in central Kashmir Ganderbal district on Sunday evening.
An official told the news agency—Kashmir News Observer (KNO) that the landslide triggered by heavy rainfall caused massive damage to houses and a cowshed and also blocked the Leh highway.
He said that officials were assessing the situation and taking steps to provide assistance to the affected people.
Meanwhile, in a statement, district administration said a landslide triggered at Rezin, leading to blockage of the highway.
“Some houses have been damaged by slide, however, no loss of life or injury had been reported. Area has been cleared, and residents of the affected area have been moved to safer places,” reads the statement.
It reads rescue teams and senior officers are also present on the spot and monitoring the situation closely.
“The highway will be cleared with the help of Beacon authorities. For any emergency or information, please contact these numbers 9906668731, 9419371774, 9541786731, 0194-2416478 and 0194-2416564,” it reads—(KNO)

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#Leh #highway #blocked #houses #cowshed #damaged #landslide #Sonamarg
( With inputs from : roshankashmir.net )

February 19, 2023