Land Tax
Any person who possesses land will have to pay tax to the government. The land
taxes are paid to village offices of the respective areas. The land taxes are
paid on the basis of area one occupies . This tax is paid in the village office
in the name of deed holder of the property . The tax receipt is necessary for
all transaction related to the property. A buyer should confirm the actual
seller's name as recorded in the document. The transactions conducted without
the tax receipt are considered null and void.
Building Tax
Any one who possesses a building either for residential or business purpose
should pay building tax to the local governing body like Panchayat, Municipality
or Corporation in which the building is constructed. The tax for
thatched/concrete/half timbered etc. constructions vary. The tax for residential
and business type also vary. Tax for floor with Red Oxide, Tiles, Marble etc
also vary. Usually the taxes are to be paid before the month of March
every year, failing which fine of 24% is charged. Buildings are taxed on
the basics of area in sq.ft.. Buildings having an area of 3000 sq ft and
above will have to pay luxury tax yearly and the normal
building tax in the local body. Buildings below 3000 sqft in area have to pay
one time tax in the Village Office and the normal tax in the local body yearly.
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