Navi Mumbai Property Tax | NMMC Property Tax Payment 2023
Navi Mumbai is a sizable municipal corporation that is situated outside of Mumbai, which serves as the country’s financial centre. If you own property in Navi Mumbai, you must pay NMMC property tax. The property tax in NMMC varies depending on the property, just like it does in every other district in India. The type of property you own will determine how much NMMC property tax you will pay. NMMC stands for Navi Mumbai Municipal Corporation.
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latest Navi Mumbai property tax news
PMC collects 225 crore rupees in property tax in Navi Mumbai.
March 2023: The Panvel Municipal Council (PMC) addressed notices to roughly 1800 property owners in accordance with Commissioner Ganesh Deshmusk’s instructions about the direct recovery of taxes from commercial properties, and they were successful in collecting Rs 21 crores in property tax. To limit the extent of financial loss, PMC took immediate legal action against owners of commercial property to reclaim taxes owed. The recovery mission has been organised into a total of eight teams.
The penalty for failing to pay property taxes has also been raised by 2% every month. Citizens are now paying more in property taxes as a result of it. Property tax payers have thus far been responding well to PMC. The majority of businesses and factories in the Taloja Industrial Estate and CIDCO region have already paid their property taxes. Thus far, the civic organisation has received Rs 225 crore in property tax.
Moreover, the Panvel Municipal Corporation has developed a mobile application called “PMC TAX App” that enables users to submit their property tax payments online. In addition, residents have the option of paying their property taxes online through the official panvelmc.org website.
What and Why Do NMMC Property Taxes?
Know the purpose of your NMMC property tax before paying it. The NMMC is in charge of overseeing real estate transactions in Navi Mumbai. NMMC stands for Navi Mumbai Municipal Corporation. The NMMC property tax must be paid on more than 3.25 lakh homes registered under it. In total, there are more than 58 thousand non-residential properties and more than 2.6 lakh residential ones. The NMMC collects property taxes from 5600 industrial properties in total.
All of these NMMC property tax payments bring in money for the state. Then, the government uses this money to develop and build city infrastructure. Visit the official website at https://www.nmmc.gov.in/navimumbai to find out more about the NMMC property tax and how to pay it. Out of the options under “Online Services,” select “Property”.
Navi Mumbai’s 162.5 sq. km. is split into 9 administrative zones. As follows:
How to Pay Property Tax in NMMC
You have two options for paying your NMMC property tax: online and offline. To make an offline payment, you would need to physically visit your ward office. The simpler method is to pay your NMMC property taxes online. In both instances, a property code search will be necessary to get started. Use the ways listed below to pay your NMMC property taxes.
Payment of NMMC Property Taxes through Online
- Visit the Navi Mumbai government website’s property tax payment page at https://www.nmmc.gov.in/property-tax2.
- Choose “Property Tax” & enter “Property code” before clicking “SEARCH.”
- You will eventually reach a webpage with details about the property, including the owner’s name, the fine, and the sum outstanding.
- To access the page with your payment options, choose the option labelled “Pay Online.”
- Every NMMC property tax payment mechanism is available, including credit cards, debit cards, net banking, NEFT/RTGS, and more.
- You can print your challan, which generates a transaction reference number.
Online Property Tax Payment for NMMC
- Choose the option for paying property taxes on the NMMC website.
- Enter the property code to view the property’s details.
- To create an offline challan, select the “offline” payment option.
- To pay NMMC property taxes, download the challan & go to the closest NMMC ward office.
- For later use, collect and save the NMMC property tax receipt.
How to See the NMMC Property Tax Bill
The ability to access the bill online is a convenience provided by the government. The option to “see current bill” is available on the official NMMC property tax page.
- You will arrive at the page presenting property details with the overdue amount after entering your property code.
- For later use, collect and save the NMMC property tax receipt.
- Your bill will be clearly apparent. This can be downloaded and printed.
On this page, you can also access the bills that have already been paid.
You can see your bill after utilizing the property by name search feature on the website. Use the “Property Search” option to do this. Enter details such the ward, plot, sector, building & owner’s name on the property search page. The remaining information, including any unpaid tax, is available.
See your property ledger for further information if you desire it. To access the page displaying details and unpaid NMMC property tax, enter your property code. You can access the property’s ledger page by selecting “View Ledger” from the menu at the bottom of the page.
What is the NMMC Property Tax Amnesty Scheme?
Property taxes owed to NMMC are not paid, which costs the government money. The government levies a fee when property taxes are not paid. This helps the government recover damages. The government made the decision to exclude the bulk of NMMC property tax payers from incurring the severe penalty because of the pandemic. The “Abhay Yojana” or “Amnesty Plan” has been put in place in its place. Citizens may choose to pay the overdue tax under this plan by paying only 25% of the penalty. Residents are encouraged by this to come forward & pay past-due fines. Also, the procedure is more open now. On the official website, citizens can volunteer to use the Abhay Yojana programme.
NMMC and Navi Mumbai Property Tax Calculation
Based on the rateable value of your property, you can determine your NMMC property tax payment. In order to maintain the transparency of tax calculations, the NMMC declares the rateable value for each financial year. The following variables affect this rateable value:
- Construction style
- Making use of the space
- Rent for the building
- improvements done to the home
Based on the percentage that the government has set according to the property’s use, you must determine the NMMC property tax. The NMMC property tax can be calculated manually or online. You can directly calculate the NMMC property tax or do so online. The government has put the percentage at 38.67% for residential properties and 68.33% for commercial & industrial assets.
NMMC property tax calculation by hand:
Using the NMMC declaration, determine your property’s rateable value. As an alternative, you might research the anticipated yearly rental income for your property.
10% of the anticipated rent value should be deducted as a legal deduction. You can then get an idea of the rateable value.
Calculate 38.67% of this rateable value if your property is residential. You should calculate 68.33% of the rateable value if your property is commercial. Your NMMC property tax would be payable in that case.
Online property tax calculation for NMMC:
You can efficiently calculate your NMMC property tax using the online calculator provided on the government website.
- Please choose the property tax choice on the NMMC website.
- The option for “Self-Assessment of Property Tax” is displayed on the website for online property tax.
- You can use the online tax calculator by selecting this option.
- Fill in the appropriate boxes with the property’s information.
- To get an exact tax computation, click the “Compute Property Tax” option.
Delayed or unpaid NMMC property taxes
The NMMC rule states that failure to pay the NMMC property tax by the due date will result in the payment of a DPC, or delayed payment charge. As a result, you must pay the penalty in addition to the principal tax sum. If property taxes are not paid by the deadline, NMMC may potentially take harsh action.
How do I change the NMMC property tax document’s name?
To update the name on your NMMC property tax document, you must submit a few documents. Here is a list of these files:
- Receipt for the latest property tax payment you made to NMMC.
- A certified copy of the deed’s transactional information.
- The housing authority’s No Objection Certificate, or NOC
Resolution of Property Tax Complaints at NMMC
You can file a complaint on the official NMMC website if you have any issues with your NMMC property tax. You can choose Grievance from the sidebar on the right of the homepage. (See below for an example).
- Wait for a new page to load after selecting Grievance.
- Sign in to the portal & file a complaint.
- On the official NMMC website, after logging in, you may also monitor the progress of your claim.
Property Tax: Important Takeaways from NMMC
- Each financial year, the deadline for the final NMMC property tax payment is in February.
- You can sign up for an SMS alert for the due date and amount of your NMMC property tax. On the online payment page, select “Register for E-Demand/SMS Alert.”
- If you don’t pay the NMMC property tax within the allotted period, the government will impose DPC (Delay Payment Charges). Then, in addition to the due tax, you must pay the DPC.
- If you are a registered citizen, you may file and follow up on a grievance with the NMMC.
- Online name changes are possible for the NMMC documents.
Conclusion: NMMC Property Tax
The government provides a simple and open way for paying NMMC property taxes. On the official website, you can get all the information you need to use all the services. Your NMMC property tax can be paid either offline or online. Using the online tax calculator or manually calculating the amount due is an option. Don’t forget to pay the NMMC property tax by the deadline. The government is waiving 75% of the late payment penalty because of the pandemic. For further information, go to the official NMMC website. Use all the resources the government is providing to streamline your work.
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