Tag: Salt Lake

Latest StoriesResidential

Kolkata: Salt Lake Residents Receive Property Tax Bills

KOLKATA: The Bidhannagar Municipal Corporation (BMC) has commenced dispatching property tax bills for the year 2026-27 to households in Salt Lake. Taxpayers can benefit from a 5% tax rebate (excluding any arrears) if payments are made by the due date. For those who have not settled their past dues from the previous financial year, a 10% penalty along with 10% interest applies to the total overdue amount as of March 31. Tax payments can be made online at www.bmcwbgov.in using debit or credit cards, net banking, or through the Bharat Bill Payment System. Physical payments can also be made at…

Latest StoriesResidential

Kolkata: West Bengal Lowers Circle Rates in Select Areas

KOLKATA: The state government has revised the circle rates in various localities in Kolkata, including Salt Lake and New Town, addressing concerns that recent increases of 80%-90% significantly raised the financial burden of stamp duty and registration fees for homebuyers. According to insiders from the directorate of registration and stamp revenue in the finance department, this adjustment of the circle rate—which establishes the minimum property price for official sale and purchase registration—was made in response to appeals from organizations such as the West Bengal chapter of the Confederation of Real Estate Developers Association of India (Credai). They pointed out discrepancies…