Paying your Property Tax on Time is Important

Pay Property Tax Online

Property Tax is levied on all Lands and Buildings in New Delhi and it can be paid online. The rate of taxes are determined by Council from year to year basis. Property tax is a state levy unlike Income tax on house property which is charged by the central government.

The best part of property tax online is that the amount which is collected is further utilised for the improvement of the local infrastructure like maintenance of roads and schools, repairing roads, etc. There can be differences in the Property Tax in accordance to different locations within a city, and between cities and municipalities.

Steps to Pay Property Tax Online ●

Step 1 – Visit the official website of your municipal corporation.

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Step 2 – Navigate to the page where you will be able to file your property tax.

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Step 3 – Enter your property details, as well as other necessary information on that page as you fill-up the form.

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Step 4 – Enter any additional information that the website may ask for. This can include ownership details, building type, occupancy details, floor and total area, age, exemption category, etc.

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Step 5 – Once all these details are submitted, you will be asked to confirm the information and proceed with the payment of your municipal tax. Carefully go through all the given information, and ensure that the details are correct. Once confirmed, click “Submit.”

GHMC Property Taxes GHMC utilises annual rental value to determine a property’s tax rate.

Furthermore, it also enlists various slab rates when charging taxes on residential properties. Residents in the Hyderabad area, for instance, need to pay such taxes as per the guidelines set by the Greater Hyderabad Municipal Corporation or GHMC. The municipality leverages this income to improve public services in Hyderabad so pay ghmc property tax.

Annual property tax = 8% library cess x Gross Annual Rental Value x slab rate (which can range between 17% and 30% based on Monthly Rental Value of the property) – 10% depreciation

PAY YOUR PROPERTY TAX ONLINE TODAY!

The property tax or house tax is imposed on the owners of properties by the municipal authorities. The reason for collecting the house tax is to spend the collected amount on the maintenance of: Roads Footpaths Parks sewer systems among others

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