Page 33 - Development Tax News Today

Punjab Chief Minister Bhagwant Mann on Thursday said all properties of the Pearls Group, a chit fund company, in the state would be taken over by the government. 📰 Chit Fund Fraud: Bhagwant Mann-Led Punjab Govt Orders Process To Take Over Properties of Pearls Group.

The mastermind Rishabh Jain, aged 30, a resident of Delhi, according to the release, had hired 10 employees to operate these fake firms. The mastermind was arrested on Sunday and produced before Economic Offence Court, Jaipur, and is remanded for judicial custody till July 7, 2023. Income Tax Scam in Delhi: Multi-State Tax Fraud Syndicate Involving Rs 1,047 Crore Busted, Mastermind Arrested.

A few weeks back the AAP government decided to auction at least 175 properties owned by the Punjab State Agricultural Marketing Board, also known as the Punjab Mandi Board to ease financial stress.

RUTHERFORD COUNTY, TENN. - Rutherford County Mayor Joe Carr is proposing an increase to the property tax that adds up to more than 15%. The proposal is gaining momentum after the idea of an impact fee for Rutherford County failed in the Tennessee General Assembly... If the county impact fee would have been permitted, then the county would have been allowed to charge up to $5,000 on the construction of any new residential property being built.  &n...

Murfreesboro, TN - And just like that... The final vote by the Murfreesboro City Council approved Development Impact Fees... All council members present on Thursday night voted to approve impact fees on future homes, apartments and commercial buildings built in the city limits of Murfreesboro. Council members will decide on the actual amount that will be charged for the impact fee at a future workshop session. Mayor Shane McFarland previously told WGNS the impact fees will&...

Murfreesboro, TN - This Thursday, the Murfreesboro City Council will hear the final reading for the proposal to charge Impact Fees on new construction. Mayor Shane McFarland said once passed, the fees will have to be paid by the developer… The developer will then pass that charge on to the future business or resident. McFarland said the city will charge the impact fee on a per-unit basis… Development impact fees are a method of supplementing a municipal budget to offset the...

The following discussion summarizes the financial position of Argan, Inc. and its subsidiaries as of January 31, 2023, and the results of their operations for Fiscal 2023 and Fiscal 2022, and should... | April 17, 2023

(MURFREESBORO) Rutherford County commissioners and County Mayor Joe Carr certainly did not quietly accept the General Assembly's voting down HB 1206 earlier that day, and when the steering committee met (3/22/2023) a new proposal was passed unanimously.  Instead of a development tax of $1,500, the vote was to place it at $5,000.  County Mayor Joe Carr stated . . . Carr stressed, "The two groups against it are Homebuilders and the Realtors Association." T...

The Research and Development Tax Credit, formally known as the Credit for Increasing Research Activities under Section 41 of the Internal Revenue Code, has been in existence for many...

INTRO PANEL Victoria Ivinson of accountancy firm, Douglas Home and Co, reviews last weeks autumn statement for us and picks out the important…