Meghalaya Property Tax
Property tax is a tax levied by the Government on the value of a property or real estate. Meghalaya property tax is a prime source of revenue for the Shillong Municipal Corporation, Meghalaya. The Revenue Department of the Municipal body is responsible for the administration of the property taxation for the respective urban local bodies. Property tax applies to all vacant lands and properties within Municipal corporation limits. The taxation system has been made mandatory by the Government for anybody who owns property in Meghalaya. In this article, we look at the various aspects of Meghalaya property tax in detail. To know more about Meghalaya Professional TaxMeghalaya Municipal Act, 1973
The regulations under this act apply to serves the assessment of tax collected from the Municipal Corporation. The State Government constitute a Board to be known as the Meghalaya Municipal Property Tax Board to regulate the powers conferred on and to perform the functions assigned to it, under the Municipal Act. The Board shall be a corporate, having perpetual, succession and a common seal, and shall have the power subject to the approval of the State Government to acquire, hold and dispose of the property, both movable & immovable and to contract and shall, by the name as a name said, sue or be sued.Purpose of Property Tax
The urban local authorities will assess the property/ land and collect the property tax. The taxes collected will be for the jurisdiction department in which the property or land is situated. The services for which the collected money are used for facilities such as education, library construction, sewer improvements, road and highway constructions, repairing roads, fire service and other services that highly benefit the concerned jurisdiction.Eligibility Criteria
The eligibility criteria for the property tax are as follows:- A person’s age is above 18 years of age
- A person who is a permanent resident in the Meghalaya state.
- Any person who owns a property or land in Meghalaya Municipal Area is entitled to pay a property tax.
Calculation of Property Tax
Property taxes are computed from a percentage of the assessed value of the property. Property taxes are calculated using the value and location of the property or land. The tax assessors will value the property/ land and charge an appropriate rate from the property owners using the standards set by the government authorities. Shillong Municipal Corporation allows its users to calculate property tax online by entering the area, locality, usage, type, total plinth area and age of the property. Property tax rates of Shillong Municipal Corporation can be accessed.Documents Required
The applicant has to submit a copy of the assessment order or the receipt of the updated property tax paid payment while making the property tax payment.Procedure for Paying Property Tax – Online Mode
The applicants in Meghalaya must follow the below steps to make the Property Tax payment online.Visit the Shillong Municipal Corporation Portal
Step 1: The applicant will have to visit the official Shillong Municipal Corporation portal of Meghalaya to make the property tax payment. [caption id="attachment_71325" align="aligncenter" width="826"] Step 1 - Meghalaya Property Tax Step 2: Then you have click on the ”Property Tax” tab that is visible on the menu bar. [caption id="attachment_71326" align="aligncenter" width="1116"] Step 2 - Meghalaya Property Tax Step 3: Now you will be directed to the pay tax online page where you have to fill in all the requested details such as:- Owner’s First Name
- Holding Number
Make Payment
Step 5: Now, check the checkbox against the arrear bill for which the payment has to be made. Then have to click on the “Pay Now” button. The money can be redeemed in 3 ways:- Full Payment: In total, it is deposited for one whole year.
- Partially Payment: It will be tested in the cart – Half-an-a-half.
- Advance Payment: It can be credited to the student in their second language.
- UBL name
- Collection date
- Collection centre
- Payment mode
- Bank details
Print Tax Receipt
Step 11: After making payment, a receipt of the same will be generated as an acknowledgement slip for the amount made. You can also download/print the receipt for the future reference. Step 12: You need to click on the “Tax Receipt” option and have to enter the details as requested. Step 13: Then you have to click on the submit button. Step 14: The challan number column shows all the Challans of paid property tax that you paid. Step 15: After that, you can click on the Challan number for which you need a printout.Penalty for Non-Payment of Property Tax
Non-payment of property tax can incur a hefty penalty in the hands of the landowner. Late payments towards property tax may attract interest at the rate of 5 to 20 per cent on the payable sum, depending upon the relevant policies.Popular Post
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