Navi Mumbai Property Tax | NMMC Property Tax Payment 2023
NaviMumbaiisasizablemunicipalcorporationthatissituatedoutsideofMumbai, whichservesasthecountry'sfinancialcentre.IfyouownpropertyinNaviMumbai, youmustpayNMMCpropertytax.ThepropertytaxinNMMCvariesdependingon theproperty,justlikeitdoesineveryotherdistrictinIndia.Thetypeofproperty youownwilldeterminehowmuchNMMCpropertytaxyouwillpay.NMMCstands forNaviMumbaiMunicipalCorporation.
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latest Navi Mumbai property tax news
PMCcollects225crorerupeesinpropertytaxinNaviMumbai.
March 2023: ThePanvelMunicipalCouncil(PMC)addressednoticestoroughly 1800propertyownersinaccordancewithCommissionerGaneshDeshmusk's instructionsaboutthedirectrecoveryoftaxesfromcommercialproperties,and theyweresuccessfulincollectingRs21croresinpropertytax.Tolimittheextentof financialloss,PMCtookimmediatelegalactionagainstownersofcommercial propertytoreclaimtaxesowed.Therecoverymissionhasbeenorganisedintoa totalofeightteams.
Thepenaltyforfailingtopaypropertytaxeshasalsobeenraisedby2%every month.Citizensarenowpayingmoreinpropertytaxesasaresultofit.Propertytax payershavethusfarbeenrespondingwelltoPMC.Themajorityofbusinessesand factoriesintheTalojaIndustrialEstateandCIDCOregionhavealreadypaidtheir propertytaxes.Thusfar,thecivicorganisationhasreceivedRs225crorein propertytax.
Moreover,thePanvelMunicipalCorporationhasdevelopedamobileapplication called"PMCTAXApp"thatenablesuserstosubmittheirpropertytaxpayments online.Inaddition,residentshavetheoptionofpayingtheirpropertytaxesonline throughtheofficialpanvelmc.orgwebsite.
What and Why Do NMMC Property Taxes?
KnowthepurposeofyourNMMCpropertytaxbeforepayingit.TheNMMCisin chargeofoverseeingrealestatetransactionsinNaviMumbai.NMMCstandsforNavi MumbaiMunicipalCorporation.TheNMMCpropertytaxmustbepaidonmorethan 3.25lakhhomesregisteredunderit.Intotal,therearemorethan58thousandnonresidentialpropertiesandmorethan2.6lakhresidentialones.TheNMMCcollects propertytaxesfrom5600industrialpropertiesintotal.
AlloftheseNMMCpropertytaxpaymentsbringinmoneyforthestate.Then,the governmentusesthismoneytodevelopandbuildcityinfrastructure.Visitthe officialwebsiteathttps://www.nmmc.gov.in/navimumbaitofindoutmoreabout theNMMCpropertytaxandhowtopayit.Outoftheoptionsunder"Online Services,"select"Property".
NaviMumbai's162.5sq.km.issplitinto9administrativezones.Asfollows:
Belapur
Nerul
Airoli
Digha
Koparkhairane
Turbhe
Vashi
Ghansoli
Dahisar
How to Pay Property Tax in NMMC
YouhavetwooptionsforpayingyourNMMCpropertytax:onlineandoffline.To makeanofflinepayment,youwouldneedtophysicallyvisityourwardoffice.The simplermethodistopayyourNMMCpropertytaxesonline.Inbothinstances,a propertycodesearchwillbenecessarytogetstarted.Usethewayslistedbelowto payyourNMMCpropertytaxes.
Payment of NMMC Property Taxes through Online
VisittheNaviMumbaigovernmentwebsite'spropertytaxpaymentpageat https://www.nmmc.gov.in/property-tax2
Choose"PropertyTax"&enter"Propertycode"beforeclicking"SEARCH."
Youwilleventuallyreachawebpagewithdetailsabouttheproperty, includingtheowner'sname,thefine,andthesumoutstanding.
Toaccessthepagewithyourpaymentoptions,choosetheoptionlabelled "PayOnline."
EveryNMMCpropertytaxpaymentmechanismisavailable,includingcredit cards,debitcards,netbanking,NEFT/RTGS,andmore.
Youcanprintyourchallan,whichgeneratesatransactionreferencenumber.
Online Property Tax Payment for NMMC
ChoosetheoptionforpayingpropertytaxesontheNMMCwebsite.
Enterthepropertycodetoviewtheproperty'sdetails.
Tocreateanofflinechallan,selectthe"offline"paymentoption.
TopayNMMCpropertytaxes,downloadthechallan&gototheclosestNMMC wardoffice.
Forlateruse,collectandsavetheNMMCpropertytaxreceipt.
How to See the NMMC Property Tax Bill
Theabilitytoaccessthebillonlineisaconvenienceprovidedbythegovernment. Theoptionto"seecurrentbill"isavailableontheofficialNMMCpropertytaxpage.
Youwillarriveatthepagepresentingpropertydetailswiththeoverdue amountafterenteringyourpropertycode.
Forlateruse,collectandsavetheNMMCpropertytaxreceipt.
Yourbillwillbeclearlyapparent.Thiscanbedownloadedandprinted.
Onthispage,youcanalsoaccessthebillsthathavealreadybeenpaid.
Youcanseeyourbillafterutilizingthepropertybynamesearchfeatureonthe website.Usethe"PropertySearch"optiontodothis.Enterdetailssuchtheward, plot,sector,building&owner'snameonthepropertysearchpage.Theremaining information,includinganyunpaidtax,isavailable.
Seeyourpropertyledgerforfurtherinformationifyoudesireit.Toaccessthepage displayingdetailsandunpaidNMMCpropertytax,enteryourpropertycode.You canaccesstheproperty'sledgerpagebyselecting"ViewLedger"fromthemenuat thebottomofthepage.
What is the NMMC Property Tax Amnesty Scheme?
PropertytaxesowedtoNMMCarenotpaid,whichcoststhegovernmentmoney.The governmentleviesafeewhenpropertytaxesarenotpaid.Thishelpsthe governmentrecoverdamages.Thegovernmentmadethedecisiontoexcludethe bulkofNMMCpropertytaxpayersfromincurringtheseverepenaltybecauseofthe pandemic.The"AbhayYojana"or"AmnestyPlan"hasbeenputinplaceinitsplace. Citizensmaychoosetopaytheoverduetaxunderthisplanbypayingonly25%of thepenalty.Residentsareencouragedbythistocomeforward&paypast-duefines. Also,theprocedureismoreopennow.Ontheofficialwebsite,citizenscanvolunteer tousetheAbhayYojanaprogramme.
NMMC and Navi Mumbai Property Tax Calculation
Basedontherateablevalueofyourproperty,youcandetermineyourNMMC propertytaxpayment.Inordertomaintainthetransparencyoftaxcalculations,the NMMCdeclarestherateablevalueforeachfinancialyear.Thefollowingvariables affectthisrateablevalue:
Constructionstyle
Makinguseofthespace
Rentforthebuilding
improvementsdonetothehome
Basedonthepercentagethatthegovernmenthassetaccordingtotheproperty's use,youmustdeterminetheNMMCpropertytax.TheNMMCpropertytaxcanbe calculatedmanuallyoronline.YoucandirectlycalculatetheNMMCpropertytaxor dosoonline.Thegovernmenthasputthepercentageat38.67%forresidential propertiesand68.33%forcommercial&industrialassets.
NMMC property tax calculation by hand:
UsingtheNMMCdeclaration,determineyourproperty'srateablevalue.Asan alternative,youmightresearchtheanticipatedyearlyrentalincomeforyour property.
10%oftheanticipatedrentvalueshouldbedeductedasalegaldeduction.Youcan thengetanideaoftherateablevalue.
Calculate38.67%ofthisrateablevalueifyourpropertyisresidential.Youshould calculate68.33%oftherateablevalueifyourpropertyiscommercial.YourNMMC propertytaxwouldbepayableinthatcase.
Online property tax calculation for NMMC:
YoucanefficientlycalculateyourNMMCpropertytaxusingtheonlinecalculator providedonthegovernmentwebsite.
PleasechoosethepropertytaxchoiceontheNMMCwebsite.
Theoptionfor"Self-AssessmentofPropertyTax"isdisplayedonthewebsite foronlinepropertytax.
Youcanusetheonlinetaxcalculatorbyselectingthisoption.
Fillintheappropriateboxeswiththeproperty'sinformation.
Togetanexacttaxcomputation,clickthe"ComputePropertyTax"option.
Delayed or unpaid NMMC property taxes
TheNMMCrulestatesthatfailuretopaytheNMMCpropertytaxbytheduedate willresultinthepaymentofaDPC,ordelayedpaymentcharge.Asaresult,you mustpaythepenaltyinadditiontotheprincipaltaxsum.Ifpropertytaxesarenot paidbythedeadline,NMMCmaypotentiallytakeharshaction.
How do I change the NMMC property tax document's name?
ToupdatethenameonyourNMMCpropertytaxdocument,youmustsubmitafew documents.Hereisalistofthesefiles:
ReceiptforthelatestpropertytaxpaymentyoumadetoNMMC.
Acertifiedcopyofthedeed'stransactionalinformation.
Thehousingauthority'sNoObjectionCertificate,orNOC
Resolution of Property Tax Complaints at NMMC
YoucanfileacomplaintontheofficialNMMCwebsiteifyouhaveanyissueswith yourNMMCpropertytax.YoucanchooseGrievancefromthesidebarontherightof thehomepage.(Seebelowforanexample).
WaitforanewpagetoloadafterselectingGrievance.
Signintotheportal&fileacomplaint.
OntheofficialNMMCwebsite,afterloggingin,youmayalsomonitorthe progressofyourclaim.
Property Tax: Important Takeaways from NMMC
Eachfinancialyear,thedeadlineforthefinalNMMCpropertytaxpaymentis inFebruary.
YoucansignupforanSMSalertfortheduedateandamountofyourNMMC propertytax.Ontheonlinepaymentpage,select"RegisterforE-Demand/SMS Alert."
Ifyoudon'tpaytheNMMCpropertytaxwithintheallottedperiod,the governmentwillimposeDPC(DelayPaymentCharges).Then,inadditionto theduetax,youmustpaytheDPC.
Ifyouarearegisteredcitizen,youmayfileandfollowuponagrievancewith theNMMC.
OnlinenamechangesarepossiblefortheNMMCdocuments.
Conclusion: NMMC Property Tax
ThegovernmentprovidesasimpleandopenwayforpayingNMMCpropertytaxes. Ontheofficialwebsite,youcangetalltheinformationyouneedtouseallthe services.YourNMMCpropertytaxcanbepaideitherofflineoronline.Usingthe onlinetaxcalculatorormanuallycalculatingtheamountdueisanoption.Don't forgettopaytheNMMCpropertytaxbythedeadline.Thegovernmentiswaiving 75%ofthelatepaymentpenaltybecauseofthepandemic.Forfurtherinformation, gototheofficialNMMCwebsite.Usealltheresourcesthegovernmentisproviding tostreamlineyourwork.
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