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Showing posts from April, 2015

ONLINE PROPERTY TAX

The Pune Municipal Corporation (PMC) has developed www.pmcconnect.in , a web-based application, to facilitate over seven lakh property owners in the city to pay their property taxes online. It is a self-service solution which will help citizens to manage the details of their online transactions. Once registered, citizens can view and pay their bills and also raise and track service requests. The system is integrated with the PMC's property tax website and will allow citizens to add their details like email ID and phone numbers in the system. Pune has 7.8 lakh properties, including residential houses (self-occupied or rented out), office buildings, and factory buildings, open plots, flats and shops, on which the levy is charged.

Revival to gather steam on rebound in corporate earnings

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Apr 20 2015 : The Economic Times (Mumbai) ET Exclusive - India will Soon Break into a Run, Feels Walker Nishanth Vasudevan Mumbai:   Revival to gather steam on rebound in corporate earnings Jim Walker, among the first strategists to get bullish on India 18 months ago, predicted that economic revival would gather steam on the back of a turnaround in corporate earnings, followed by a rise in investment.And, for anyone with a 3-10 year investment horizon, “India should be your No. 1 priority,“ said the Asianomics founder and former CLSA chief economist in an interview. in an interview. At the same time, he was caustic about RBI not cutting rates. “Recoveries are profit-led, not investment-led,“ he said. “Investment activity is the natural consequence of companies and entrepreneurs spotting and realising profitable opportunities. Governments and central banks can facilitate improved profit outlooks but they cannot create them artificially .“ Although W

Sharing INFORMATION: Annual Pune Municipal Tax (property tax) on properties under Pune Jurisdiction.

Dear Reader/ Property Owners in Pune, Greetings to you... Wish to inform you that there will be Annual Pune Municipal Tax on properties which comes under Pune Jurisdiction to be paid every year and the bill is generated on every March month and delivered in hard paper bill also to your property address letter box however this receiving bill is not reliable as sometimes not delivered or misplaced by the government postal department.  Fortunately, you can find the same bill by visiting pune municipal corporation website: www.punecorporation.org   and www.propertytax. punecorporation.org  (the site is self explanatory) you just need your Consumer/property Number to track it. which will be in a format of eg. O/1/20/0123456 (this is just an example so pls fill your property no. on it) Again this property bill comes once in a year and last date without fine is 31st may of every year, so this year will be 31st May, 2015. if you miss to pay for previous years property tax

HDFC rates lower than SBI's for HOME LOAN

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Apr 11 2015 : The Times of India (Pune) HDFC rates lower than SBI's Mumbai: TIMES NEWS NETWORK   Cuts Home Loan Rates By 20 Bps To 9.9% For All Borrowers The country's largest housing finance company HDFC has brought down its lending rate by 20 basis points with effect from April 13 (100 basis points = one percentage point). Following the reduction, the corporation will extend loans at 9.9%, which is lower than the rate being charged by the State Bank of India.SBI, the country's largest bank, offers home loans at 9.95% for women and 10% for all other borrowers. The reduction in interest rates by HDFC will bring down the equated monthly instalment (EMI) on a Rs 50-lakh loan (20 years' tenure) by Rs 663, from Rs 48,583 to Rs 47,920. In a statement issued here on Friday , HDFC said the reduction would benefit all customers and the interest cost for existing borrowers will also go down. ICICI Bank has segmented its home loans into vari

For error-free land records, 65 tehsils go online with 7/12 extracts

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Apr 08 2015 : The Times of India (Pune) Sarang Dastane Pune:   As many as 65 tehsils in the state are set to adopt the e-mutation programme for quick delivery of the 712 extracts, the property ownership document, to citizens and help talathis, the local revenue department official, to maintain an updated data of land ownership.The government has been working on the e-mutation programme for two years.There are 358 tehsils in the state. According to the office of the state settlement commissioner, the herculean task of uploading the land related data of every tehsil on the state server was completed last week. After the trial runs which are expected to be completed by next month, the tehsils will start adopting the e-mutation programme. Talathis will be able to generate the updated 712 extracts and deliver them to citizens in less than 15 days. “The implementation of emutation is likely to begin across the state next month. Some tehsils have already adop