What is Property Tax in Ahmedabad?

Property tax is a mandatory financial liability that you have to fulfil every year as an owner of a property or plot. With a house or property in Ahmedabad, it is important for you to gain insights into the property tax Ahmedabad and then proceed to pay your dues. This is because the local municipal or civic authorities in your state is responsible for the assessment of dues. Every state in India has their own mechanism in place, based on which the property tax that you are eligible to pay is determined.

Ahmedabad Municipal Corporation (AMC): Overview

The Ahmedabad Municipal Corporation, more commonly known as the Amdavad Municipal Corporation, was brought to action under the Bombay Provincial Corporation Act in 1950. Right from the start, AMC has been taking care of the civic infrastructure and administration of Ahmedabad. The corporation has been instrumental in implementing a reform of the Ahmedabad municipal tax by setting a ‘zero litigation’ record. One of the first few municipalities to have introduced online property tax payment facilities, AMC allows you to pay your Ahmedabad property tax online.

A progressive and highly advanced municipal corporation, AMC sends you the Ahmedabad municipal corporation tax bill through e-mail. Simultaneously, you also receive SMS alerts pertaining to your property tax Ahmedabad. The Ahmedabad Municipal corporation property tax bill has several parameters like full cash value, assessed value of your property, and taxable value listed. AMC encourages you to pay your dues online in order to save time and effort.

Property Tax Ahmedabad -Calculation

With or without the Ahmedabad Municipal Corporation Property Tax bill, you can self-assess your total tax dues on AMC’s website. The AMC, since 2001, computes property tax Ahmedabad payable on your property based on its capital value. This system is dependent on the following factors:

  • Location of the property
  • Type of property
  • Age of property
  • Its usage in Ahmedabad

The formula you can use to manually calculate the property tax Ahmedabad is

Total tax payable = Area x Rate x (f1 x f2 x f3 x f4 x fn)

Where,

f1 is weightage given to the location of the property

f2 is weightage given to the type of property

f3 is weightage given to the age of the property

f4 is weightage assigned to residential buildings

fn is weightage assigned to the user of the property

You can pick all the weightages from the official AMC website.

Steps to pay Property tax in Ahmedabad

You can easily pay your Ahmedabad property tax online by visiting the official website of the Ahmedabad Municipal Corporation. In case you want to resolve some queries or want to visit AMC personally for your tax payment, you can do so. However, the government encourages you to pay your Ahmedabad municipal tax online as you can do so stress-free. Here is how you can make your Ahmedabad house tax payment online in just a few easy steps.

  • Visit the official website of Ahmedabad Municipal Corporation. Find a ‘Quick Pay’ link towards the end of the home page and click on ‘Pay Property Tax’.
  • On the next page, enter the tenement number in the space provided and click ‘Search’.
  • Now, you will see the name of the owner, address, occupier (if any) and the property tax Ahmedabad amount.
  • Check the amount and property details carefully before proceeding. Click ‘Pay’ once you are sure of all the information displayed on the screen.
  • You will be redirected to the payment gateway, where again you will have to confirm your tenement details and payment amount. Here, you will have to provide your mobile number or e-mail ID.
  • Once all details are in place, click ‘confirm’ and proceed to pay. You can choose to pay via your debit card/credit card. Once you enter the card details and pay, your account will be debited immediately and you will receive a Transaction Reference Number as acknowledgement for your payment.
  • Remember that the amount will be credited into the Ahmedabad Municipal Corporation’s account either immediately or within 2 working days.
  • While you will get the receipt of the payment as an acknowledgement within a few minutes of your payment, expect a proper receipt from AMC via email. It is important to save the official tax receipts in order to avoid any discrepancies in the future.

Ahmedabad municipal tax due dates and rebates

You can pay your Ahmedabad house tax half-yearly once by March 31st and the other by October 15th every year. In case you pay an advance tax then as per the AMC you are eligible for a 10% rebate on your total tax dues. However, defaults or delays in payment will result in a penalty and you will have to pay a 2% per month fine for the total number of months you delay the payment.

However, just last year the government announced a 30% rebate in Ahmedabad Municipal Corporation Property Tax bill for commercial property owners and you get a 20% rebate if your property qualifies under the Atma Nirbhar package of the state government.

Now that you know the tax details laid out by AMC, you can proceed and invest in a property in Ahmedabad to enjoy these rebates. To get a hassle-free loan against propety, opt for Bajaj Finserv. With this option, you can avail of a high-value loan with an attractive rate of interest and a flexible repayment tenor that make it easy on your pocket