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Ahmedabad Municipal Corporation(AMC) Property Tax

Sep 21, 2023
Ahmedabad Municipal Corporation(AMC) Property Tax

Ahmedabad Municipal Corporation (AMC), founded in July 1950 under the Bombay Provincial Corporation Act (1949), is in charge of Ahmedabad's civic infrastructure and administration. If you own a property in Ahmedabad, you must pay a set amount of property tax to the Ahmedabad Municipal Corporation (AMC) each year. The AMC is in charge of enforcing improvements to the Ahmedabad municipal tax and maintaining a zero-litigation record.

Paying property taxes can be a time-consuming process, so the State Government implemented an online payment method. It has simplified the process for users. Let's take a look at how to pay Ahmedabad property tax step-by-step.

Ahmedabad Property Tax Rates

The table below demonstrates the differences in tax rates for residential and non-residential properties by AMC property tax.

Occupancy Type Ahmedabad Property Tax Rates
Residential INR 16/m2
Non residential INR 28/m2

Calculation of Ahmedabad Property Tax

The determination of AMC property tax by the Ahmedabad Municipal Corporation involves a systematic consideration of four significant factors that intricately shape the final tax amount for each property.

  • Location: The geographical location of a property plays a pivotal role in assessing its value and subsequently its tax liability.
  • Usage: Properties can encompass a range of categories such as flats, bungalows, poles, and row houses. The diverse nature of property usage reflects the varying impact each property has on the local infrastructure and services.
  • Age: A property's age is factored into the base tax rate, with adjustments made based on the year of construction.
  • Occupancy: The purpose for which a property is used, whether it is self-occupied or utilized by others, is a critical aspect of tax assessment.

Upon factoring in these elements, the General AMC Property Tax is then calculated using a straightforward formula, as follows:

General Tax = Area (sq.m.) x Tax Rate (Residential/Non-residential) x location x usage x age x occupancy

How To Pay AMC Property Tax Online in Ahmedabad?

To complete the property tax ahmedabad online payment, follow these steps:

Step 1: Navigate to the Ahmedabad Municipal Corporation website and select online services.

Step 2: Type in 'Tenement Number' and hit the search button.

Step 3: The owner's name, address, occupant, and the amount owed would then be displayed. To proceed with the payment, click the "Pay" button.

Step 4: The user is redirected to a page that confirms the tenement details and payment amount. The same page would have fields for the owner's phone number and email address.

Step 5: To proceed, click the confirm icon. The user is taken to the payment gateway. Payment can be done by debit or credit card.

Step 6: As an acknowledgment, the user will receive a Transaction Reference Number (TRN) following payment. Within two working days, the payment will be credited to the Municipal Corporation's account.

The payment receipt must be made available on the Corporation's website or sent to the property owner.

Latest News On Ahmedabad Property Tax

The Ahmedabad Municipal Corporation (AMC) has initiated the process of placing a lien on properties owned by tax defaulters in Ahmedabad. This step, outlined in an official report from the Times of India, involves legally establishing the municipality's rights over assets that serve as collateral. Reportedly, there are approximately 5,000 properties that have not paid their property taxes, amounting to over INR 2 crore, including an additional 18% interest on the unpaid amount.

Under this process, property owners are granted a 60-day period to settle their outstanding property taxes after a lien is imposed. If the tax is paid within this timeframe, a No Objection Certificate (NOC) will be issued. However, failure to respond within 60 days will result in a permanent lien, preventing the property from being sold until the taxes are fully paid. This measure is intended to compel property owners to fulfill their tax obligations and mitigate tax evasion.

Conclusion

In the dynamic urban landscape of Ahmedabad, the role of the Ahmedabad Municipal Corporation (AMC) in shaping civic infrastructure and administration is undeniable. As property owners, understanding and fulfilling our tax responsibilities to the AMC not only contributes to the city's development but also aligns with our legal obligations.

At SMFG Grihashakti, a trusted Non-Banking Financial Company (NBFC), we recognize the significance of property ownership and the associated financial commitments. Whether it's navigating home loans , or realizing your real estate aspirations, SMFG Grihashakti stands ready to be your reliable financial partner.

Must Read: Property Tax in Bhopal: All you Need to Know

FAQ's

How can I pay property tax online in Ahmedabad?

To pay AMC property tax online, follow these steps:

  • Go to the Ahmedabad Municipal Corporation website, choose online services.
  • Enter 'Tenement Number' and search.
  • View owner info. and the amount due. Click "Pay" to proceed.
  • Confirm details, provide contact info.
  • Confirm and pay via card.
  • Get Transaction Reference Number. Payment credited within 2 days. Receipt accessible on site or sent to the owner.
What is the property tax rebate for Ahmedabad 2023-24?

According to the most recent developments, residents in Ahmedabad who pay an advanced property tax between April 18 and May 17, 2023, will receive a 12 percent rebate.

What is a due date for AMC property tax payment?

The AMC collects property tax twice a year. The deadline for paying property taxes for the first half of the year is usually March 31, while the deadline for the second half is October 15.


Disclaimer: *Please note that this article is for your knowledge only. Loans are disbursed at the sole discretion of SMFG Grihashakti. Final approval, loan terms, disbursal process, foreclosure charges and foreclosure process will be subject to SMFG Grihashakti’s policy at the time of loan application. If you wish to know more about our products and services, please contact us.

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