Property tax is levied on the ownership of any ‘real property’. In India, property tax is levied on all real estate, which consists of improvements made to land, such as buildings or land attached to buildings.
Usually, vacant plots of land without an adjoining construction are not liable to be taxed.
Who assesses the property tax?
Value of every property is assessed by the local municipal authorities and accordingly a proportionate tax is levied on the same, which would be payable on an annual or semi-annual basis. The revenue generated from property tax is used to maintain and provide various civic amenities such as road repairs, sewer system, lighting, maintenance of common areas such as parks, etc. The rate of property tax and manner of valuation differs from one municipal authority to the other.
Tags: free legal advice for criminal cases, free legal advice from lawyers online, free legal advice helpline 24 hours, free legal advice hyderabad, free legal advice hotline, free legal advice helpline, free legal advice in hindi
Need Legal Support
How we are working
Take a Tour
Our Team in workroom investigate each and every query posted, discuss and collect various opinion from Advocates.Read more
If workroom decide to fight for our customers, then we help our customer to find best advocate.Read more
Also our workroom having a close look and analyse the progress of case, so we can help our customers.Read more
If workroom found there is no litigation required, then our team suggest the legal help to our customers.Read more