Government building is MEFULTERS major in the Corp. tax contribution list – News2IN
Thiruvananthapuram

Government building is MEFULTERS major in the Corp. tax contribution list

Written by news2in

ThiruvananThapuram: The state government and accountability for the central government building for unhousing in the value of the corporation, in accordance with the list of residents’ arrangements published by City Corporation.
Tax contributions from two airport buildings since 2016-17 came around RS 1.3 Crores, according to a list of contributions published from Chackai Ward.
Tax contributions around 131 KSRTC bus terminal complex units in the Thampanoor go above RS 1 Crore.
The main building of the Government Secretariat owes the Corporation of Rs 56 Lakh between 2016-17 and 2021-22.
Ten other units under the Secretariat also recorded contributions around Rs 20 Lakh in the last five fiscal.
ThiruvananthaThapuram Cash Development Authority (Trida) seems to add to the list of taxes.
Trida because the corporation for one building in Pallayam is Rs 1.58 Crores.
About 295 units under Trida Owe tax contributions between Rs 10,000 and RS 3 Lakh.
Nearly 100 buildings owned by Trida Owe company tax contributions with either more than RS 10 lakh because it is absent over tax contributions according to the list provided for the medical college region.
The corporate authority implies that fresh notification will be presented for all of these buildings after a period of time must appeal against contributions.
In 2019, City Corporation prepared a list of tax trimming among government buildings after reassessing all state government buildings in the city as part of the issuance of new requests under the new tax regime.
The process has created a challenge for income wings when they find government buildings that have not received the number of buildings for decades.
Under the new tax regime, office buildings are assessed at the level of RS 80 per sq.m more than 700 buildings and around 1,000 the number of buildings identified by Wing income in 49 wards in 2019.
Arrears of government buildings in terms of property tax has swelled to Rs 50 Crores according to corporate estimates.
Four wards in the city have more than 30 government buildings.
Trida, Kwa and SAP were found to have the highest number of buildings in various wards.
The central government buildings that have default on service fees are also listed in 2019.
According to the norm, 75% of property taxes will be collected as a service fee of central government buildings.
Corporate Council previously considered delayed arrears from central government buildings; However, many of these arrears must be abolished because they are counted for four decades or more.
Wing previous revenues have conducted an examination of central government buildings after the audit report that slams corporations because they do not identify buildings owned by the central government and because they do not have a list of such buildings.
In communication sent to the company, the Audit Department begged Part 235 [5] from Kerala City Law which said that in the case of properties excluded from property tax, the corporation has the right to claim the service costs covered by service taxes.

About the author

news2in