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30k properties have no mention in NMC database, not in tax net
30k properties have no mention in NMC database, not in tax net

Time of India

time16 hours ago

  • Business
  • Time of India

30k properties have no mention in NMC database, not in tax net

1 2 Nagpur: A recent land use verification exercise by the development plan (DP) unit of Nagpur Municipal Corporation (NMC) revealed 30,000 previously unrecorded structures or properties within city limits. This discovery raises serious questions about tax evasion and gaps in civic data integration. The DP unit discovered the structures while verifying existing land use as part of its urban planning mandate. Following the revelation, the NMC's property tax department initiated a detailed cross-verification of the data. Officials plan to superimpose the new findings on the corporation's existing GIS (geographical information system) property database to identify properties not included in the tax net. Speaking to TOI, a senior official from the property tax department said, "The DP team surveyed and marked polygons for structures that do not exist in our current system. These structures may include buildings constructed on what were previously recorded as open plots, and we may already be levying tax based only on open plot status." He added that the property tax department will now overlay the new polygons received from the DP survey onto the GIS database to match them against the existing tax records. Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like I lost my IT job & thought I'd never be in tech again. Now I teach AI to students & adult learners CNA Read More Undo by Taboola by Taboola "This will help us determine if any unauthorized constructions or unassessed properties were missed out. It's likely that updated data will capture new buildings constructed in the last few years that were never officially reported," the official said. Currently, NMC levies tax on around 6.37 lakh properties. However, the number of constructed properties may be significantly higher if these 30,000 new units are found to be genuine and taxable. Tax officials admitted that in many cases, building permissions are either delayed or not reported to the tax department, leading to gaps between actual construction and tax assessment. The ongoing integration between the DP's updated land use records and the GIS-based taxation system is expected to bridge this gap. NMC officials confirmed that once the GIS superimposition is completed, a ground-truthing exercise will follow to verify the physical status of each new property. Based on the results, the civic body may issue fresh assessment notices to bring these properties under the tax net — potentially boosting municipal revenue significantly.

PMC to roll out block level mapping and property numbering system
PMC to roll out block level mapping and property numbering system

Time of India

time16 hours ago

  • Business
  • Time of India

PMC to roll out block level mapping and property numbering system

1 2 Prayagraj: In a major move aimed at streamlining property identification and property tax collection, the Prayagraj Municipal Corporation is set to roll out a block-level mapping and numbering system across city neighbourhoods. This initiative will reduce the hassle of locating individual houses and help improve the efficiency of municipal services such as tax collection and property surveys. Under the proposed plan, each locality will be divided into smaller blocks, with approximately 100 houses in each block. Depending on the population and area size, each ward is expected to have between five to seven such blocks. Since there are 100 wards in the city, the total number of blocks could range from 3,000 to 4,000 citywide. The Municipal Corporation's chief tax assessment officer, PK Mishra, stated that a GIS (Geographic Information System) survey firm was already notified about new survey requirement through official correspondence sent four days ago. The block-wise survey is likely to begin within next 20 to 25 days. Each house within these newly created blocks will be assigned a unique identification number by the corporation. The block numbers will incorporate the first letter or syllable of the locality's name for easy identification. For instance, if the block is in the Teliyarganj area, the houses will bear addresses like 'T-Block A', making location tracking straightforward even if ward boundaries change during municipal elections. The plan takes into account the fact that while ward boundaries may be redrawn, locality boundaries generally remain constant. Although a similar initiative was launched a few years ago, it was eventually discontinued. However, some progress was made, and house numbering began in localities such as Mumfordganj. So far, the Municipal Corporation has issued unique numbers to over 12,000 properties. In a related development, property records (locally known as khasra) for recently extended municipal areas will be prepared over the next six months. These records will be officially entered into municipal archives and are expected to be uploaded online by 2026. According to the latest GIS survey, approximately 1.78 lakh building properties have been identified in Prayagraj. However, property tax is currently being collected from only around 50,000 of these properties. To further enhance civic infrastructure, the PMC is also working on upgrading smart city facilities. According to additional municipal commissioner Deependra Yadav, advanced technologies will be adopted for traffic management, water supply, sewer systems and energy monitoring. The Integrated Command and Control Centre (ICCC) is also being upgraded for better city-wide coordination and service delivery.

Govt unveils outreach plan to attract investments ahead of GIS in Feb 2026
Govt unveils outreach plan to attract investments ahead of GIS in Feb 2026

Time of India

time19 hours ago

  • Business
  • Time of India

Govt unveils outreach plan to attract investments ahead of GIS in Feb 2026

Lucknow: After the success of the Global Investors Summit 2023, the Uttar Pradesh govt is now planning a fresh outreach to attract new investments, an official spokesperson said on Wednesday. "Invest UP has crafted a comprehensive strategy, including national and international roadshows to boost investor engagement. International roadshows will be held in Singapore, Japan, South Korea, the UAE, Qatar, and Canada in Sep-Oct, aligning with the 'China Plus One' strategy," he said. The 'China Plus One' strategy is a business approach where companies diversify manufacturing and supply chains by expanding operations beyond China. Adding that the primary goal was to attract fresh investment proposals for the UP Global Investors Summit (GIS) scheduled for Feb 2026, the spokesperson said that to ensure strong domestic participation, national-level roadshows would be organised in major cities in Dec-Jan. Officials said that ahead of the new investor outreach programme, the govt will organise fifth groundbreaking ceremony (GBC-5) in Nov with an initial investment target of over Rs 5 lakh crore, hoping that the figure would rise to Rs 10 lakh crore closer to the event. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo "Uttar Pradesh has implemented 16,478 projects worth Rs 12.1 lakh crore through previous GBCs. Of these, 8,363 projects worth Rs 4.33 lakh crore have already commenced commercial operations, while another 8,115 projects worth Rs 7.76 lakh crore are nearing operational rollout," an official said. Invest UP has identified emerging areas under the New Outreach Policy. The Global Capability Centre (GCC) Policy has been notified, and the Footwear and Leather Products Policy will be notified soon. Drafts of the Sustainable Aviation Fuel and Private Investment Promotion Policy have been prepared. These policies will include provisions such as the Quick Investment Promotion Scheme, exemption limit for expansion/diversification, and conversion of MSMEs to large enterprises. To ensure the success of the new outreach plan, the govt is holding an hour-long investor roundtable meeting every 15 days. Meetings are also held every week to update the strategy based on investor feedback. High-level meetings are also being held to generate new leads in collaboration with the ministry of external affairs (MEA).

Global outreach for investment: Govt to hold roadshows in run-up to UP GIS, GBC-5
Global outreach for investment: Govt to hold roadshows in run-up to UP GIS, GBC-5

Hindustan Times

timea day ago

  • Business
  • Hindustan Times

Global outreach for investment: Govt to hold roadshows in run-up to UP GIS, GBC-5

The Yogi Adityanath government has undertaken a new outreach drive to attract fresh investments, and a comprehensive strategy, including national and international roadshows, has been worked out to boost investor engagement ahead of the Uttar Pradesh Global Investors Summit (UP GIS) scheduled for February 2026, according to an official release. The Yogi Adityanath government is set to organise the fifth Groundbreaking Ceremony (GBC-5) in November 2025. (File Photo) The state government is also set to organise the fifth Groundbreaking Ceremony (GBC-5) in November 2025, with an initial investment target of over ₹5 lakh crore. This target may be increased to ₹10 lakh crore as the event approaches. The initiative to hold another GIS comes following the success of Uttar Pradesh Global Investors Summit-2023 that attracted investment proposals worth over ₹35 lakh crore, the release said. As part of this initiative, international roadshows will be held in Singapore, Japan, South Korea, the UAE, Qatar and Canada during September-October this year, aligning with the China+1 strategy. To ensure strong domestic participation, roadshows will also be organised across major Indian cities from December 2025 to early January 2026. The U.P. government has implemented 16,478 projects worth ₹12.10 lakh crore through previous GBCs. Of these, 8,363 projects worth ₹4.33 lakh crore have already commenced commercial operations, while another 8,115 projects worth ₹7.76 lakh crore are nearing operational rollout. Invest UP has identified emerging areas under the new outreach policy, officials said. The state government has notified Global Capability Centre (GCC) Policy, while Footwear and Leather Products Policy will be notified soon. Additionally, drafts of the Sustainable Aviation Fuel and Private Investment Promotion policies have been prepared. These policies will include provisions such as the Quick Investment Promotion Scheme, exemption limit for expansion/diversification and conversion of MSMEs to large enterprises, officials said. The outreach plan aims to make U.P. a global investment destination through direct dialogue with investors, promotion of new policies, and active participation in international and national forums. To ensure the success of the new outreach plan, the government is holding an hour-long investor roundtable meeting every 15 days. Various meetings are also held every week to update the strategy based on investor feedback and generate new leads in collaboration with the Ministry of External Affairs (MEA), the release said.

UP government pins hopes on global outreach to fuel next investment wave
UP government pins hopes on global outreach to fuel next investment wave

New Indian Express

timea day ago

  • Business
  • New Indian Express

UP government pins hopes on global outreach to fuel next investment wave

LUCKNOW: With preparations underway for the fifth Ground Breaking Ceremony (GBC-5) later this year and the next edition of the Global Investors Summit (GIS) in February 2026, the Yogi Adityanath-led Uttar Pradesh government has rolled out a renewed outreach strategy to attract investments on a larger scale. This comes in the backdrop of investment proposals worth over Rs 35 lakh crore received during the last GIS in 2023. As part of the drive, Invest UP, the state's nodal investment agency, has crafted a comprehensive strategy focused on national and international investor engagement. The plan includes international roadshows to be held in Singapore, Japan, South Korea, the UAE, Qatar, and Canada during September–October 2025, aligning with the China+1 strategy. According to an official spokesperson, 'The primary aim of the initiative is to attract fresh investment proposals for the UP Global Investors Summit (GIS) scheduled for February 2026.' In tandem with the international push, national-level roadshows will also be held across major Indian cities from December 2025 to early January 2026 to ensure robust domestic participation.

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