Simplified Guide: How to Pay Property Tax in Hyderabad
3.3K
2
Contents
Paying property tax is a crucial responsibility for every property owner in Hyderabad levied by the Greater Hyderabad Municipal Corporation (GHMC). If you own property in this city, understanding the property tax payment process is essential to avoid penalties and legal issues. This article will guide you through the steps of paying property tax in Hyderabad, specifically focusing on the convenient online payment method.
A Step-by-Step Guide to Paying Property Tax Online in Hyderabad
Property tax, or house tax, is an obligatory payment that property owners must make to the municipal or local government where their property is situated. The online payment method offers a convenient and efficient way to fulfil this obligation. Follow these simple steps:
Step 1: Visit the Official GHMC Website
Start by browsing the official website of the Greater Hyderabad Municipal Corporation (GHMC) at www.ghmc.gov.in.
Step 2: Access the "Property Tax" Section
Locate and click on the "Property Tax" section available on the homepage.
Step 3: Proceed to "Online Property Tax Payment
Go to the drop-down menu. Navigate to the "Online Property Tax Payment" option.
Step 4: Enter Your Property's PTIN
Provide your property's Unique Property Tax Identification Number (PTIN). If you don't have the PTIN, you can find it on your previous property tax receipts.
Step 5: Verify Property Details
Check and verify the details of your property displayed on the screen.
Step 6: Select Payment Method
Choose your preferred payment method: net banking, credit card, or debit card.
Step 7: Complete the Payment Process
Proceed to complete the payment process using your preferred payment option.
How to Check Property Tax in Hyderabad?
- Visit the official GHMC website.
- Navigate to the "Property Tax" section.
- Click on the "Know Your Property Tax Dues" option.
- Enter your property's PTIN or Assessment Number.
- Click "Submit," and the system will display the property tax amount for your property.
Property tax in the Greater Hyderabad region can be calculated using the following formula.
- Gross Annual Rental Value (GARV) x [(17% to 30%) tax rate according to slab based on MRV – 10% depreciation] + 8% library cess
- GARV = Plinth area x [MRV (in Rs/sq ft) x 12]. Here, MRV refers to monthly rental value.
Insightful Guide: The Importance of Timely Property Tax Payment
The Greater Hyderabad Municipal Corporation (GHMC) has streamlined property tax payments for property owners through convenient online mechanisms. Following the straightforward steps above, you can easily pay your property or house tax online in Hyderabad. Timely payment of property tax keeps you compliant with the law and contributes to the smooth functioning of the city's amenities and services.
Frequently Asked Questions
Can I pay property tax offline in Hyderabad?
Ans. Yes, you can pay property tax offline in Hyderabad by visiting your nearest GHMC Citizen Service Center and making the payment in person. You can pay through cash, check, or demand draft.
Is paying property tax for vacant land in Hyderabad necessary?
Ans. Yes, property tax also applies to vacant land in Hyderabad. The tax amount may vary based on the property's size, location, and other factors.