Kmc.gov.in property tax

  1. What is property tax and how is it calculated…
  2. How To Make KMC Property Tax Online Payment?


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What is property tax and how is it calculated…

When you buy a home, there several taxes that the purchase has to pay. While stamp duty and registration are one-time charges, the property tax is a recurring charge that the owner has to pay every year.   How do you calculate property tax The owner of a property is liable to pay the tax levied by the local body (for example, the municipality) and such a tax is called the property tax. This tax may vary from one location to another and there are various other factors that determine the amount of property tax payable, such as: Location of the property. Size of the property. Whether the property is under-construction or ready-to-move. Gender of the property owner – there may be discounts for female owners. Age of the property owner – there may be discounts for senior citizens. Civic facilities provided by the municipal body in the locality.   Why do we have to pay property tax? The local municipal body provides certain important services, like cleanliness in the area, water supply, maintenance of local roads, drainage and other civic facilities. Property tax allows the municipal bodies to get revenue, for funding all the services that it provides. It is one of the major sources of revenue for municipal bodies. If you do not pay property tax, then, the municipal body can refuse to provide the water connection or other services and it may also initiate legal action, to recover the due amount. See also: Laws related to registration of property transactions...

How To Make KMC Property Tax Online Payment?

Municipal authorities that work under state governments actually collect property taxes from property owners in their respective jurisdiction areas. And one such municipal authority is KMC, which is functional in Kolkata city. If you own any property in Kolkata, you have to pay property tax for every financial year. And just a decade ago, people used to pay such property taxes by visiting the local branch of KMC and then paying taxes offline. But since the digitalization of India, paying property taxes are made much easier than ever before by the state government. Today we will be taking a look at how you can pay KMC property tax online without leaving the comfort of your house. So let’s get down to it then. What Is KMC Property Tax? KMC stands for Kolkata Municipal Corporation which is a municipal authority working under the state government of West Bengal. This municipal authority is responsible for providing civil services to the general population of the jurisdiction area. And the taxes that this authority collects from property owners, utilize to manage and improve the civil infrastructure of the city for the greater good of Kolkata. By paying these property taxes every year, you are directly contributing to the human welfare, and the greater good of your own city. How To Make KMC Property Tax Payment Online? Paying taxes online is made much easier after the digitalization of India, and the same applies to the KMC property tax. Within just a few clicks, you can pay yo...