Wondering
how to calculate property tax in Haryana.
Here's a general guideline:
The property tax is usually based on the Annual Rental Value (ARV) of the property. ARV is the potential yearly rent the property could fetch if rented out. This value is determined by the local municipal corporation or municipal committee.
Property tax rates vary based on the type of property (residential, commercial, industrial, etc.) and the location within Haryana. These rates are set by the local municipal authority. You can usually find this information on the official website of the Haryana Municipal Corporation or by contacting your local municipal office.
Once you have the ARV and the applicable tax rate, you can calculate the property tax. Multiply the ARV by the tax rate to get the annual property tax amount.
Some properties may be eligible for deductions or exemptions based on factors like property size, usage, or owner status (individual, senior citizen, etc.). Check with the local municipal authority or the official website for any applicable deductions.
After calculating the property tax, you need to pay it to the local municipal authority within the specified timeframe. Payment methods and deadlines are usually provided on the municipal corporation's website or through official communication channels.
This is how to calculate property tax in Haryana
.
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How to Calculate Property Tax in Haryana?
Anjali
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2024-04-30T16:31:15+00:00 2024-04-30T18:26:28+00:00Comment
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