Title: Check & Pay the Due Property Tax Bill
1Quick Guide to Paying Property Tax in India
2What is Property Tax?
- In India, a property tax bill is levied by the
state government and looked after by the local
civic bodies (municipalities, municipal
corporations, or panchayats). It is charged on an
individuals or an entitys possession of a
property. Depending on the propertys location,
this tax is collected by the governing authority
of that concerned jurisdiction. - If you have any residential and commercial
building, then you need to make the property tax
payment. The property tax payment is made to
municipal authorities.
3- The property could either be a house, buildings
(residential as well as commercial), or land. The
property divisions for tax on property in India
are - ? Land
- ? Improvement made to a land
- ? Personal property
- ? Intangible property
4A property tax bill is also referred to as house
tax or municipal tax. The sum collected through
this tax is used for the maintenance of basic
civic amenities of a particular area. This
includes maintaining proper hygiene, sewage
system, roads, street lights, and other
infrastructural facilities.
Different authorities set specific rules for
property or house tax levy. For example, the New
Delhi Municipal Corporation or property tax rates
are finalized by the authorities from a
year-to-year basis. These rates are likely to
vary from one council to another, depending upon
the locality, services, market value of a
property, and so on.
5Know Before Paying Property Tax
- 1. Annual market value of the property
- 2. Type of property (residential,
non-residential, commercial, billboard, vacant
plot, etc.) - 3. Zonal Classification
- 4. Built-up area of the property
- 5. Propertys dimensions
- 6. Number of floors including basements, if any
- 7. Built-up area of each floor
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7- You can pay your property or municipal tax by
directly visiting your concerned municipal
office. It is the traditional way of paying
municipal taxes. It would require you to fill up
certain forms with proper details. Once that is
done, you will need to submit it along with a
cheque or demand draft to make the necessary
payments.
- If the offline mode seems tedious to you, you can
choose to pay property or house tax online. In
that case, the first step will be to check if
your municipal corporation has initiated the
online tax-paying facility or not as pay property
tax online. If yes, this can be a far more
convenient option to clear your tax dues compared
to the offline mode.
8- NDMC property tax and other ones are levied to
maintain the basic civil infrastructure in a city
such as sewage, water, electricity and more.
Usually, the property tax payment is made on a
yearly basis.
9- Once you have all the property details available,
you can proceed with the online tax payment. It
would involve the following steps - - ? Visit the official portal of the concerned
municipal corporation (For example, you will need
to log in to the official NDMC portal to pay NDMC
property tax). - ? Look for the tab with the option of paying
property tax online. - ? Enter the necessary details, as asked.
- ? Re-check and submit the details to proceed with
the online payment. - You will be shown the amount of tax due on your
property before you go ahead with the payment.
After that, you can easily pay the dues through
online banking, credit cards, or debit cards.
10THANK YOU