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Exemptions are available for the victims of Covid-19 whose families suffered during the pandemic. The exemption is available since the pandemic hit the country. The state government introduced this relaxation for the families of the victims. The assesses can check if they are eligible for an interest waiver from the Ghaziabad Nagar Nigam. This can be checked on the official website of Ghaziabad Nagar Nigam.
The Ghaziabad Nagar Nigam has an online calculator on the website where the tax liability can be known easily by the assessee. This is a very effective and easy method for self-assessment of tax calculation. This initiative by the government helps assesses to know the tax liability beforehand and pay the same online.
The property tax is based on the concept of annual rateable value (ARV) for housing and industrial properties. The vacant plots are assessed based on the capital value of the property.
The formula for the calculation of tax which can also be done manually is
Gross unit area value = Tenanted area of property * rate per square foot * ten months + self-occupied property * rate per square foot * ten months + vehicle parking area * rate per square foot * ten months
Reduction amount = Gross unit area value * percentage of reduction rate / 100
Net unit area of the property after reduction = Gross unit area value - reduction amount
Property tax = Net unit area of the property after reduction * 20%
The rate per square foot is based on the zone in which the property is located. It can be determined using the rates issued by Nagar Nigam Ghaziabad.
The five zones are as follows
The points to be kept in mind before the tax is paid are the zone in which the property is located and the rate per square foot of the locality. The various depreciation rates for different zones can be determined using the official website of Ghaziabad Nagar Nigam.
City zone: near chaupala mandir, town hall, Ghaziabad 201001
Mohan Nagar zone: Near Katori mill, water tank compound, Ghaziabad 201001
Vijay Nagar zone: Water tank compound, behind vijay nagar police chowki, Ghaziabad 201001
Vasundhara zone: Sec-10, behind water tank compound, Ghaziabad 201001
Kavi Nagar zone: C block market, Kavi Nagar, Ghaziabad 201002
Online Payment
Offline Payment
Information on Receipt of Property Tax
If any property tax has been paid by the assessee, there is no need for the registration of the property. The taxpayer can easily enter the PIN NO online and pay the tax on the Ghaziabad Nagar Nigam website.
Requesting the nearest Nagar Nigam office for the PIN NO and adding the details online on their server will help the assessee directly pay the tax online.
The Ghaziabad Nagar Nigam has proposed to impose a penalty of 12% for non-payment or late payment of Property Tax to the state government.
The registration fee as imposed by Ghaziabad Nagar Nigam is 1% of the market or sale value whichever is higher.
Property tax is a tax that every citizen who owns any property has to bear. The logic behind the imposition of this tax is very helpful as it helps the government to earn revenue for the betterment of the public.
1. Is property tax receipt mandatory?
The tax receipt is proof of ownership of the assessee and the fact that all the dues related to the property have been paid by the assessee.
2. How to get information about the eligibility for discounts?
The information about the discounts is available on the official website of the Ghaziabad Nagar Nigam.
3. How to pay property tax in Ghaziabad?
The two ways one can pay property tax in Ghaziabad are offline and online. For the offline method, the taxpayer has to go to the municipal corporation office and pay the tax. Here, the taxpayer can pay using a cheque or a demand draft or cash. For the online method, the taxpayer can visit the official website of the Ghaziabad Nagar Nigam and choose an option to pay the tax online. The online payment option has its benefits as the tax can be paid from the comfort of your home. After entering the property details, the pay tax option has to be selected and the taxpayer can pay tax using a credit card, debit card or even net banking.
4. Does the website have an option to change names?
Yes, names can be changed on the website if the mutation option is chosen on the website.
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