Paying property or house tax is a responsibility all property owners have, and this tax is usually collected by the state’s municipal corporation. In Delhi, the Municipal Corporation of Delhi (MCD) is responsible for collecting property tax and this tax is levied on all the properties, even vacant land.
The MCD has adopted the Unit Area System to compute property tax which takes into account the period of construction, built up area, structure of the building, use of property, and location. Moreover, the tax rate applicable varies based on whether the land is classified as residential, commercial, or industrial.
In Delhi, the MCD is divided into North, South, and East MCD, each having their own jurisdiction. This is important for you to note when paying your property tax bill, online or offline. To know more about the process to pay property tax online and for an overview of all the other key information about MCD house tax, read on.
How to pay MCD property tax bill online and offline?
Here is the procedure to pay your MCD property tax bill online.
- Have your property ID on hand
- Log on to the official MCD website and choose the right region
- Read and agree to the terms by checking the box
- Select the ‘Click here to file property tax’ button
- Input your property ID and click ‘Submit’
- Check your property details
- Enter the required information to calculate the tax payable
- Select your payment option and pay property tax online
- Get the receipt by clicking the ‘Generate Challan’ option
To pay property or house tax offline, simply go to any ITZ cash counters in Delhi and pay the tax. Be sure to get the receipt on payment and ensure it has the right property ID.
What is the due date to pay property or land tax online or offline?
Whether you choose to pay MCD property tax bill online or offline, the last date to pay the entire amount in a lump sum is 30 June of every year. If done within this time frame, you can get a rebate of 15% of the tax amount paid. Alternatively, you can pay your property tax in quarterly instalments too but failure to pay your dues will attract penal interest, charged at a 1% rate for every subsequent month delayed.
How is MCD house tax calculated?
To calculate house tax manually, here is the formula you need to use.
Annual Value x Rate of Tax = Property Tax
Here,
Annual Value = unit area * unit area value * age factor * structure factor * occupancy factor * use factor The accurate values required to compute Annual Value are based on your property details and, regarding them, it may be wise to speak to a professional beforehand. Alternatively, you can also use a property tax credits calculator online to get accurate values easily and for free. Manual calculations leave room for error and it is better to avoid these when planning your taxes.
