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Haryana hikes license fee for colonization

Postby rizgr8 » Sat Jun 02, 2012 11:23 am

http://timesofindia.indiatimes.com/indi ... 715930.cms

Haryana hikes license fee for colonization


CHANDIGARH: After house tax, the Haryana cabinet has targeted real estate sector in the state by approving the proposal of town and country planning department to increase the license fee for residential plots, group housing and industrial colonies.

Details of the increased rates shall be notified in the next couple of days, officials in the town and country planning department said. The increased rates of licence fee may impact property rates, especially in new colonies coming up in Gurgaon, Faridabad, Sonepat and Panchkula districts, sources said.

The cabinet also decided to include Gwal Pahari of Gurgaon in high potential zone. Currently, besides Gurgaon, other districts included in high potential zone are Faridabad, Sonepat and Panchkula, while Prithala of Palwal district has been included in the category of medium potential zone.

Inclusion of Gwal Pahari and Pirthala was made after making changes in section 25 (1) of Punjab Scheduled Roads and Controlled Areas Restrictions of Unregulated Development Act, 1963, sources said.

The cabinet also approved increase in conversion charges for hotels, motels with banquet facility and resort projects.

It was decided that the schedule of conversion charges and licence fee would include distinction of controlled area as per earlier provisions of Punjab Scheduled Roads and Controlled Areas Restriction of Unregulated Development Act, 1963 i.e. section 4(1) (a) while section 4(1) (b) has been done away with.

The separate category of conversion charges for commercial units like hotels, motels with banquet facilities and resorts will include existing commercial rates and 50% equivalent of licence fee and infrastructure development charges as applicable for commercial licences in hyper potential zone and 25% equivalent of licence fee and infrastructure development charges in other zones.

It was also decided to prescribe licence fee for commercial colonies for above 150 FAR in case of high-I, medium and low potential zone.
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Re: Haryana hikes license fee for colonization

Postby rizgr8 » Sat Jun 02, 2012 11:26 am

http://timesofindia.indiatimes.com/indi ... 715778.cms

Property tax back in Haryana


CHANDIGARH: The Haryana government on Friday brought back the unpopular property tax - set to draw ire of people living in township cities like Gurgaon, Faridabad, Panchkula, Sonipat and Panipat - barely two years after it exempted tax on residential and commercial properties in the state.

According to the new plan, a token amount of Re 1 per square yard will be levied on the residential properties up to 250 square yards. For flats spread on more than 500 square feet of land and houses more than 250 square yards, the house tax will be calculated with the collector rate multiplied by 0.00075 per square yard/feet. Those living in rented accommodation are likely to be worst hit.

Dubbing the new tax as a measure to rationalize property exemptions in the state, Haryana government, strongly defended its move. "There are 16 lakh assesses of property tax across the state. Around 13 lakh fall in the category of Re 1 per square feet," said financial commissioner and principal secretary (FCPS), Ram Niwas.

The property tax on self-occupied institutional and industrial properties would be calculated with collector rate multiplied by 0.001. For commercial properties, the tax will be collector rate multiplied by 0.001875. Even the government buildings come under the ambit of the property tax added with fire tax.

Except for freedom fighters, ward widows and ex-servicemen who are occupying their houses, the government has withdrawn all existing exemptions.

As far as the arrears are concerned, people have an option of paying arrears on the basis of the old system as well as the new system of assessments.
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