In UT, property tax cases worth Rs 62cr under litigation in HC
2
Chandigarh: Officials of Municipal Corporation Chandigarh have revealed that the top 20 property tax defaulters of the city are yet to clear dues of over Rs 190 crore, while property tax arrear cases worth Rs 62 crore are under litigation in the Punjab and Haryana high court.
Citing different reasons, occupants of seven properties, out of the top 20, have challenged the MC's arrears amount, following which the authority failed to recover the amount from them. All these properties fall under the commercial category.
As per official data of the Municipal Corporation, Chandigarh, commercial properties of IT Park carry dues of Rs 45 crore. The Golf Club is yet to clear Rs 12.20 crore, while a plot in the industrial area owes the MC Rs 1.19 crore.
"Hotel James Plaza is to pay Rs 1.17 crore, Hotel Taj Rs 1.15 crore, Anand Theatre Rs 80.42 lakhs, and Golf Range Rs 55.8 lakhs," said a senior official.
"With the IT Park-related commercial properties, the dispute is over the land, while in the Golf Club case, the issue is related to the area, mainly the constructed and non-constructed area of the club. Similarly, in other cases, the occupants have filed cases. We are contesting them based on our records, are hopeful of a positive verdict," sources in the MC revealed.
by Taboola
by Taboola
Sponsored Links
Sponsored Links
Promoted Links
Promoted Links
You May Like
Why Seniors Are Snapping Up This TV Box, We Explain!
Techno Mag
Learn More
Undo
Since these disputed cases involve a significant amount, municipal councillor Maheshinder Singh Sidhu, while raising the issue in the monthly general house on Tuesday, asked the officers concerned to hire senior and effective lawyers to recover the money. Sidhu said that there is a dire need to take the issue sincerely so that the money can be recovered.
MSID:: 123045832 413 |
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
17 minutes ago
- Time of India
Libra Daily Horoscope Today, August 6, 2025: Let new thoughts guide your journey
Today offers a fresh perspective if you are willing to open your mind. You may feel challenged by ideas different from your own, but that is the beauty of learning. Let go of the need to be right. Listen with curiosity, not judgment. The more you welcome new ways of thinking, the more peace you will find within. This is a good time to update old patterns and release mental habits that no longer serve you. Growth begins when the mind stays open. Libra Love Horoscope Today In love, try to see your partner or someone close from a different viewpoint. If you are in a relationship, changing how you respond can break old emotional patterns. A gentle approach will open the space for better connection. If single, be open to someone who may not be your usual type. A new mindset can attract unexpected joy. Let love surprise you. Your openness to understand and accept will bring harmony where confusion once stood. Libra Career Horoscope Today In career matters, today favours learning and new ideas. Try not to resist advice or new methods, even if they feel uncomfortable. A shift in perspective may help you solve an old work problem easily. If someone suggests a better system, try it out before saying no. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like This new air conditioner cools down a room in just seconds News of the Discovery Undo Flexibility will make you stand out today. A younger colleague may inspire you or a senior may surprise you with support. Stay alert. Progress is waiting where you least expect it. Libra Money Horoscope Today Financially, today is about reviewing your habits and finding smarter ways to manage money. A suggestion from a friend or a new tip may help you cut unnecessary spending. Do not stick to the same plan if it is not working. Small changes in how you save or invest can bring big benefits. Think practically, but also creatively. Avoid arguments over money and do not lend today unless fully confident. Stay open to new financial advice but act with balance. Libra Health Horoscope Today Your health can improve today with a shift in your routine. If you have been avoiding exercise or stuck in unhealthy patterns, today gives a chance to start small changes. Try a new form of activity or a healthier recipe. Pain in the head or neck could come from mental tension. Relax with light music or a nature walk. Avoid overthinking. Breathing exercises or journaling will bring peace. A healthy mind leads to a healthy body. Let your thoughts refresh your strength. Discover everything about astrology at Times of India , including daily horoscopes for Aries , Taurus , Gemini , Cancer , Leo , Virgo , Libra , Scorpio , Sagittarius , Capricorn , Aquarius , and Pisces . Read your detailed Horoscope Today and Horoscope Tomorrow here.
Time of India
17 minutes ago
- Time of India
Rupee hits another low at 87.8/$ as Trump's threats escalate
MUMBAI: The rupee fell to a new closing low of 87.8 against the dollar on Tuesday, down 14 paise from Monday's 87.66, as escalating trade tensions with the US kept markets on edge. The currency slipped to 87.89 during the day, close to the record low of 87.95 hit in Feb, before likely RBI intervention via state-run banks helped limit losses. The slide followed US President Donald Trump's threat to raise tariffs further on Indian goods over Russian oil purchases. This came on top of last week's announcement of a 25% duty on all Indian imports and penalties for buying Russian oil and military equipment. Govt said it would take all necessary steps to protect its national interests and economic security. Equities weakened for the second day, with the sensex ending 308 points lower at 80,710 and Nifty down 73 points at 24,650. Foreign investors sold shares worth Rs 2,567 crore on Monday. Oil & gas and banking stocks led the decline, while auto shares gained on strong July volumes. Persistent foreign outflows and uncertainty over a possible India-US trade deal added to the rupee's weakness, though lower crude prices and a softer dollar provided some cushion. Brent crude fell nearly 1% to $68 a barrel after OPEC+ agreed to a large output increase for Sept. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like The Secret Lives of the Romanovs — the Last Rulers of Imperial Russia! Learn More Undo While the sharp depreciation signals strain in the currency market, economists say it could partly cushion the economy against the tariff impact. A weaker rupee makes Indian goods cheaper in dollar terms, offsetting some of the loss in competitiveness from higher US duties. Exporters gain pricing flexibility, while the recent slide has also unwound the rupee's earlier overvaluation - its real effective exchange rate was over 8% above fair value late last year. RBI data show the REER stood at 100.36 in June, close to its long-term average. The downside of a weaker currency is higher import costs, particularly for oil and electronics, which can feed into inflation and raise the burden of dollar-denominated debt. Against other Asian currencies, the rupee remains this year's weakest performer, down 2.6% compared with 6-10% gains in the Korean won, Singapore dollar and Thai baht. The dollar index was at 98.97, down 0.3% on Tuesday. Markets are now watching the RBI's monetary policy decision on Wednesday for cues. The MPC, headed by governor Sanjay Malhotra, began its three-day meeting on Monday, with traders looking for signals on interest rates and liquidity management. Stay informed with the latest business news, updates on bank holidays and public holidays .
Time of India
17 minutes ago
- Time of India
Karnataka government notifies revised setback rules for buildings in Bengaluru
Bengaluru: In a move that will significantly impact future constructions across the tech capital, the state govt has notified an amendment to zonal regulations under the Revised Master Plan (RMP) 2015. The amendment, in effect from Aug 1, lays down clear and updated setback norms for buildings across the city, particularly focusing on structures taller than 12 metres. Setback, which refers to the minimum open space required between a building and the property's boundary, has been a long-contested urban planning issue in the city, where rapid vertical growth has outpaced regulatory clarity. The new norms aim to address ambiguities by specifying setback requirements based on building height and whether a stilt floor (typically used for parking) is included. According to the new regulations, all types of buildings on a plot size of up to 4,000sqm are supposed to leave a minimum setback area of 1.5m in the front and 1m each on the sides and the rear. For buildings on a plot size of more than 4,000sqm, the minimum setback area on the front, rear, and sides is 5m. For buildings with 12 to 15 floors but without a stilt floor, the setback area mandated is 5m. However, the setback requirement increases for buildings with 15-plus floors, depending on height (see box). by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Substance Found in Pink Salt has Bariatric Effects on Women Over 50 Health & Family Click Here Undo This codified gradation aims to ensure that taller buildings allow more open space around them, contributing to better light, ventilation, and emergency access. You Can Also Check: Bengaluru AQI | Weather in Bengaluru | Bank Holidays in Bengaluru | Public Holidays in Bengaluru The amendment also throws more clarity on stilt floors. When stilt parking is provided, the height of the stilt floor shall be up to 3m, measured from floor to floor. Crucially, this floor's height will not be counted towards the building's total height, provided the overall height remains below 15m. The new regulations apply to all new constructions, including ongoing work for which plan approvals and modified plan approvals have been granted. In case of existing structures and buildings under construction, the ground floor may be converted into stilt parking and height of the stilt floor shall not be considered for computing the total height of the building. In such cases, a modified plan or sanction for alteration may be approved accordingly. However, the height of stilt floor shouldn't exceed 3m in any case," the final notification adds.
