Panchkula residents protest parking tax

04 Sep 2023 CW Team

Residents of Panchkula are upset with the Panchkula Municipal Corporation for issuing notices demanding property tax for parking lots within group housing societies.

The House Owners Welfare Association (HOWA), led by chairman Bharat Hiteshi, has strongly opposed the imposition of property tax on parking areas in the city. Hiteshi and other association members met with Zonal Taxation Officer Akash Kapoor to discuss their concerns. The delegation raised objections to the Municipal Corporation including parking area tax in the property tax bills of several group housing societies.

Following the meeting, ZTO Akash Kapoor assured Hiteshi that no tax would be imposed on parking areas. He also mentioned that any charges imposed on parking area tax due to technical reasons would be rectified.

Panchkula Mayor Kulbhushan Goyal commented on the issue, assuring the public that no additional burden would be placed on them. He stated that tax notices sent to individuals would be corrected.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..