Table of Contents
- What is Property Tax?
- How is Nashik Property Tax Calculated?
- How to Pay Nashik Propety Tax?
- How To Check Status Of Property Tax Payment in Nashik?
- Nashik Property Tax - View Defaulters List
- Nashik Property Tax Completion Certificate
- Rebates on Property Tax
- Other Measures
- Nashik Property Tax Forms
- Nashik Property Tax- Contact Information
- Conclusion
- Faq's
Like all other cities in India, Nashik, a city in Maharashtra, requires property owners to pay property tax to the Nashik Municipal Corporation (NMC) for the maintenance and development of public facilities.
Property tax is a crucial revenue collection activity for the NMC, ensuring the city's infrastructure and services are well-maintained. The Nashik Municipal Corporation (NMC) relies heavily on property tax as a primary source of revenue to fund various initiatives aimed at enhancing the quality of life for Nashik's residents.
These initiatives include the maintenance of roads, street lighting, sanitation services, waste management, parks, gardens, and other public facilities. By levying property tax, the NMC can allocate funds towards the construction, repair, and maintenance of crucial infrastructure assets that contribute to the city's overall growth and prosperity.
In Nashik, property owners are required to pay taxes annually, with the amount calculated based on the property's assessed value and the prevailing tax rates set by the NMC.
In addition to serving as a revenue generation mechanism, property tax collection plays a pivotal role in promoting civic responsibility and citizen participation in local governance. Property owners' contributions through tax payments directly contribute to the city's development agenda, fostering a sense of ownership and accountability among residents towards their local community.
Here is an expanded overview of Nashik property tax, including how it is calculated and paid.
What is Property Tax?
Property tax, also known as house tax, is the amount paid by property owners to the municipal corporation or local government where the property is situated. The tax is collected annually and is utilised for the upkeep of public amenities like parks, schools, and sewage systems. Nashik property tax applies to all tangible real estate properties, including residential and commercial buildings.
Property Tax - Nashik
How is Nashik Property Tax Calculated?
A number of factors are considered by the NMC when calculating property tax:
Property type: Residential properties generally have lower tax rates compared to commercial or industrial properties.
Area of the property: The larger the built-up area, the higher the tax amount.
Location: Properties situated in prime locations with better amenities might have slightly higher tax rates.
Age of construction: Newer constructions may have slightly different tax rates compared to older buildings.
How to Pay Nashik Propety Tax?
Property owners in Nashik can conveniently pay their property tax online through the official NMC portal. The process involves:
Step 1: Visit the Nashik Municipal Corporation (NMC) website at https://nmc.gov.in/
Step 2: Click on the 'Property Tax' or 'Property Tax Department' option on the homepage.
Step 3: Enter your 8-digit Property Index Number. If you have a 7-digit index number, enter '0' after the third digit.
Step 4: The property tax demand details page will open, showing all the relevant information about your property tax dues.
Step 5: Review the details and click the 'Pay Now' button.
Step 6: On the next page, enter your email, mobile number, and the payment amount. Check the terms and conditions box and click 'Pay Now' to proceed with the online payment.
Step 7: Choose your preferred payment method, such as credit/debit card, net banking, or digital wallet, and complete the transaction.
After successful payment, click on the 'View Receipt' button to access and download the payment receipt.
How To Check Status Of Property Tax Payment in Nashik?
To check the status of your property tax payment in Nashik, you can follow these steps
Step 1: Visit the Nashik Municipal Corporation website at https://nmc.gov.in/.
Step 2: Look for the 'Property Tax Department' section on the homepage.
Step 3: Enter your 8-digit Property Index Number. If your index number has 7 digits, add '0' after the third digit.
Step 4: Navigate to the section that displays your property tax details or payment history to check the status of your payment.
Step 5: Ensure that all the information displayed is accurate and up-to-date regarding your property tax payment.
Step 6: If you encounter any issues or need further assistance, you can contact the Nashik Municipal Corporation using the provided contact information.
By following these steps on the official Nashik Municipal Corporation website, you can easily check the status of your property tax payment in Nashik
Nashik Property Tax - View Defaulters List
You can also access the Nashik property tax defaulter list by Visiting the Nashik property tax e-payment page on the official Nashik Municipal Corporation website.
Step 2: Click on the 'Defaulter List' tab to view right beneath WELCOME
Step 3: Choose the division from the drop-down menu and click on 'Go' to search for specific defaulters.
Alternatively, you can click on the 'View All' option to see the entire list of defaulters in a tabular format.
The defaulter list will display details such as the name of the income holder, income number, past due amount, current due amount, and the total amount owed.
This list helps in identifying property owners who have not paid their property taxes promptly, allowing for necessary actions to be taken by the Nashik Municipal Corporation to address non-payment issues.
Nashik Property Tax Completion Certificate
To access the completion certificate, navigate to the property tax e-payment page and click on 'Completion Certificate List'.
Choose a zone from the drop-down menu and click 'Go', or select 'View All' for a comprehensive tabular display.
The certificate includes details like builder name, property address, survey number, plot number, total carpet area, completion number, and completion date.
Rebates on Property Tax
The Nashik Municipal Corporation offers rebates on advance payment, timely payment, online payment and one-time settlmemt scheme.
Rebate for Advance Payment:
- The Nashik Municipal Corporation (NMC) offers an 8% rebate on the full annual property tax payment if made in April.
- An additional 1% rebate is provided for making the property tax payment online.
Rebate for Timely Payment:
- Paying property tax in May entitles the owner to a 6% rebate.
- Paying property tax in June provides a 3% rebate.
One-Time Settlement Scheme:
- NMC announced the 'Abhay Yojana' scheme, which offers an 80% rebate on penal interest for property tax defaulters who clear their dues in one go.
- This scheme is applicable until March 31, 2024.
Other Measures
NMC has kept its collection centers open on holidays and weekends until March 31 to help more taxpayers avail the rebates.
These rebate schemes have helped NMC collect around ₹50 crore in property tax in April 2023, compared to ₹22 crore in the same month the previous year.
Nashik Property Tax Forms
For accessing Nashik property tax forms, visit the Nashik Municipal Corporation website and navigate to the 'Downloads' section on the homepage.
Click on 'Tax Department' to access the relevant forms. Below are the direct links to download specific forms related to Nashik property tax:
Registration of Property on Demand Form: This form is required for registering property on demand. Download it from here.
Reduction of Property Tax Form: This form is used for applying for a reduction in property tax. Download it from here.
Tax on Property Form: This form is necessary for calculating and paying tax on property. Download it from here.
These forms streamline the process for property owners to manage their tax obligations effectively.
Nashik Property Tax- Contact Information
For any queries you can contact:
Nashik Municipal Corporation
Rajiv Gandhi Bhavan, Sharanpur Road, Nashik
Telephone: 0253-2575631/2/3/4
Commissioner's Office
Phone No 2578206, 2575607
Email id: commissioner@nmc.gov.in
Conclusion
In conclusion, understanding Nashik's property tax system is essential for property owners to fulfill their civic responsibilities while also optimizing their tax obligations. The Nashik Municipal Corporation relies on property tax as a crucial revenue source to fund various civic amenities and infrastructure projects, ultimately enhancing the quality of life for residents.
By comprehending how property tax is calculated, paid, and managed, property owners can ensure timely compliance and take advantage of rebate schemes to maximise savings. The availability of online payment options, access to completion certificates, and transparency in defaulter lists further streamline the property tax process, promoting accountability and efficiency in local governance.
Through proactive engagement with the Nashik Municipal Corporation and leveraging available resources, property owners can contribute to the city's development while also benefiting from a well-maintained urban environment.
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