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Showing posts with label pay property tax online. Show all posts
Showing posts with label pay property tax online. Show all posts

Tuesday, November 3, 2020

Here’s How you Can Easily Pay Your Property Tax Online

7:50 PM 0
The house tax is something that you need to pay if you own a residential or commercial property in a city in India. 

The home tax is levied by various municipal authorities in India. They collect these taxes annually to maintain many infrastructure works such as electricity, water, sewage, roads and more. 




Earlier, the process of paying the property tax was a tiring one. But now you can pay your property tax online and save your time and efforts. If you want to know how to make payment online of property tax, then here is a short post for you. 

Steps you can follow to pay property tax online:

  • Browse and land on the official website of the municipal authority in India under whose jurisdiction your property is located. 
  • On the website, look for the ‘Property Tax’ option. 
  • Now, you will be required to input your property tax number. 
  • You will now need to verify your details such as your name, property number and more. 
  • After you authenticate the basic details, you will come across numerous payment options. You can now select any of the available payment options like Internet Banking, Credit/Debit Card to pay property tax online. 
  • Once you make a successful payment, the website will show the receipt or the challan. It is an acknowledgement that your house tax is successfully paid. 
  • You can take a print out of it or simply take a screenshot of the same for future references. 

The process to pay online property tax is now revealed. You can follow the same and do that effortlessly.
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Location: India

Friday, March 13, 2020

All You Need to Know About Property Tax

3:40 PM 0
Property tax is a mandatory charge levied by the government on any property or land. Owners have to pay an annual tax to the Municipal Corporation, or a government-approved body in their area.




Properties and estates that are liable to pay the tax are as follows –

  • Commercial and residential buildings. 
  • Rented houses. 
  • Attached houses. 

Municipal authorities are known to calculate property tax based on a property’s value. Three methods used to calculate such taxes are as follows –

  • Rateable Value System (RVS) – This process calculates taxes based on the annual rental value of any given property. It is decided by the municipal authority based on location, size, condition, amenities, etc. 
  • Unit Area Value System (UAV) – This calculation process takes into consideration the per-unit price of the build-up area. 
  • Capital Value System (CVS) – It is based on the total market value of any property and is republished every year after revision. 


Municipalities later introduced online taxpaying facilities. It not only simplifies the taxpaying process but also aims to facilitate specific features for those who pay property tax online. This includes –

  • Timely tax payments. 
  • Easy access to tax records for homeowners when filing for an income tax report. 

It is advised that you pay your taxes on time if you intend to avail loans in the future. Financial institutions review your tax reports, especially when applying for a loan against property. The brief overview of property tax should provide the necessary information homeowners require to start calculating and paying their taxes.
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Location: India

Thursday, January 9, 2020

Property Tax & Different Methods Of Paying Property Tax

12:39 PM 0
Any individual who owns a property in India must pay taxes based on the directives of relevant municipal authority. While different municipal authorities follow different methods of property tax calculation, most of them offer the option of online payment.

Municipal authorities of all major cities, as well as most towns, provide the option for owners to pay property tax online. Paying taxes under this method is easy and convenient.



Steps for online payment are explained underneath –
  1. Individuals must visit the webpage of their local municipal authority.
  2. They have to find the option for ‘Property Tax’.
  3. Next, owners must select the category of their property. After selecting the property type, owners have to provide their ‘Property Number’.
  4. The concerned property related details are displayed on this page. It is advisable to go through all these details carefully and check if there is an error.
  5. The page also displays the outstanding tax amount. This should be cross-checked with the amount on a tax bill.
  6. Typically, different online payment methods are offered and owners should avail the convenient one to clear their tax dues. Some of the municipal authorities have even incorporated wallet payment options for land tax online payment.
After payment, this receipt should be preserved for future reference. Additionally, this document is also crucial to file for tax benefits. For individuals living in locations where online payment method of property tax is not available, owners must fill in all relevant forms and pay the amount in a financial institution designated by the municipal body. This is typically a lengthier method.

In case anyone has availed a home loan or loan against property, the receipt is necessary to file for different tax benefits.
Additional Read:  Property Tax Online - Steps Required, Documents & Procedure
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