Lifestyle

A guide to paying Coimbatore property tax payment

[ecis2016.org] The Coimbatore City Municipal Corporation (CCMC) provides citizens with a simplified process for paying property tax online through its official portal.

Property tax is among the main revenue sources for the Coimbatore City Municipal Corporation (CCMC), the civic authority that governs the city of Coimbatore in Tamil Nadu. The CCMC, through its official website, provides various services for its citizens, which also includes a simple process for paying property tax. Property owners, whether they own a residential or a commercial property, are required to pay the property tax to the civic body. The corporation collects the tax on a half-yearly basis, twice a year. In this article, we discuss the various aspects related to Coimbatore property tax payment.

You are reading: A guide to paying Coimbatore property tax payment

[ecis2016.org] All about property tax in India

Coimbatore property tax calculator

The CCMC portal provides an online tax calculator that citizens can use for calculating their property tax. The property tax rate is calculated based on several factors, including location, property’s age, type of property, etc. For tax calculation, it is important to determine the plinth area (PA), which is the total built-up area comprising covered areas, including balconies and garages.

If it is a self-occupied property, the market’s current rent per square foot for similar properties in the area is determined before calculating the property tax. In case it is rented, the rent per square foot, i.e., the monthly rental value (MRV), specified in the rental agreement must be considered.

The different factors based on which property tax is calculated in Coimbatore are:

  • Total building plinth area
  • Approved/unapproved building area
  • Rent per square foot/Monthly Rental Value (MRV)
  • Building type – residential or commercial
  • Building usage (per sq ft)
  • Property location
  • Age of the property
  • Municipal Ward
  • Rate per square feet
  • Depreciation

The rate per sq ft (based on the zone in which the property is located) and depreciation are determined based on the information given on the CCMC website.

[ecis2016.org] Stamp duty and registration charges in Tamilnadu 2021

How to pay property tax online in Coimbatore?

If you have a residential property in the city, you can pay the house tax by following this procedure:

Step 1: Go to the CCMC website. Scroll down and click on ‘Pay Your Tax Online’ under the Online Tax Payment tab.

Read also : Sector 76 property market: An overview

Coimbatore property tax

Step 2: You will be redirected to the online portal https://tnurbanepay.tn.gov.in/ in Tamil Nadu for the respective district.

Coimbatore

The home page has a ‘Quick Payment’ link that you can use for Coimbatore property tax online payment. Click on ‘Property Tax’.

Coimbatore property tax

Provide the required details such as assessment number and old assessment number on the next page to proceed.

Coimbatore property tax

Step 3: If you are a registered user, log into the website using the registered mobile number or email and the password. If you are a new user, you can register on the site by clicking on ‘New User Registration’. Provide the complete information and click on ‘Submit’.

Coimbatore property tax

Step 4: Once you log into the website, click on the ‘Make Payment’ option displayed on the screen.

Step 5: On the subsequent page, enter details such as assessment number and old assessment number. Click on ‘Search’ to know the property details.

Read also : Prestige

Step 6: Check the details. Click on ‘Submit’.

Coimbatore property tax

Step 7: On the following page, enter the captcha and click on ‘Confirm’.

Coimbatore property tax

Step 8: On the payment screen, select the preferred payment gateway option, like net banking, credit card, debit card, UPI. Click on ‘Make Payment’ to proceed.

Step 9: You will receive the confirmation of the transaction with the receipt number displayed on the page. Save the receipt or take a printout for future reference.

How to pay property tax in Coimbatore through offline mode?

Citizens can pay the property tax in Coimbatore offline by visiting the office of the Coimbatore City Municipal Corporation. They can also make payments at authorised banks and e-Seva centres. Property owners will receive the property tax invoice for the payment term.

They are required to fill in the self-assessment form and make the payment at the respective counter.

How to change the name in property tax online Coimbatore?

The CCMC portal allows citizens to apply for name transfers on property tax. One must submit an application to the corporation along with the relevant documents. Application forms are available at the information centre in ward offices.

Documents required for Name Transfer for Property Tax

  • The relevant documents of ownership
  • Legal heirship certificate in the event of the demise of the previous owner
  • Death certificate in the event of the demise of the previous owner
  • Copy of up-to-date tax paid receipt

FAQs

How can I download the Coimbatore Property Tax receipt?

The Coimbatore Property Tax receipt can be generated after making the online payment on the CCMC official portal, as explained in this article. You can download and get a printout of the receipt.

What is the Coimbatore property tax payment due date?

The due dates for Coimbatore property tax payments for a financial year are generally March 31 and September 31.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button