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THINGS YOU SHOULD KNOW ABOUT PAYING PROPERTY TAX IN HYDERABAD

Hyderabad has been at the forefront of e-governance for quite some time now. As a city known for giant strides in the area of the information technology industry, with major global companies choosing it as the preferred location for India development centre, its government has also simplified paying property tax in Hyderabad online.

There are no manual transactions in the tax assessment now. The issue of special notice, issue of annual demand notices and receipts and 100% computerization of assessments are the salient feature of GHMC’s tax administration system.

This system of paying property tax in Hyderabad is extremely convenient to the first time homebuyers, especially time-strapped nuclear family members. Paying taxes online is a boon to the modern, busy property owners.

Several steps were taken for convenient tax deposition by the citizens as follows.

Thanks to the property tax calculator feature on GHMC's website, property taxpayers can now find out the total amount they need to pay by simply keying in details about their property.

This is how you can calculate your property tax using the property tax calculator

The search result will display the property tax payable.

Follow the Steps Below If You Don't Know Your PTIN

The search result will display the PTIN of your property.

In case you don't know the door number of your property, you will have to submit a self-assessment request, either offline or online. You can click here to get access to online Self-Assessment Registration.

Offline Property Assessment

For offline property assessment, you will need to submit an application to the Deputy Commissioner. Along with your application, you will have to attach the following documents

Steps for Online Payment Property Tax in Hyderabad

Using GHMC's online portal, property owners can pay their tax in a minute, with just a few clicks. To pay property tax in Hyderabad online, you will require the Property Tax Identification Number (PTIN). If you don't have the PTIN, check the process mentioned above to get the PTIN. Once you have the PTIN, you can follow the steps below for online property tax payment.

You will get the payment confirmation as soon as the tax amount gets debited from your bank.

Offline Property Tax Payment

Property owners can also pay tax through various offline channels. You can make property tax in Hyderabad at a State Bank of Hyderabad branch, or at e-Seva counters, present at multiple points in all 19 GHMC Circles.

Property Tax Exemptions

The Greater Hyderabad Municipal Corporation gives a full tax exemption for properties owned by serving as well as ex-servicemen. Registered educational institutions, charitable institutions, and places of worship are also exempted from property tax. For vacant premises, 50 per cent 'vacancy remission' is granted on the tax payable. In addition, GHMC does not levy property tax on residential buildings having an annual rental value of less than Rs 600.

Keep in mind - there is a penalty of 2 per cent per month delayed payment. The due dates for half-yearly bills are July 31 and October 15.


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