Search result for Property Tax in India

If you are looking to buy a property or have already invested in one, you will know that there are tax implications involved. Let’s first examine the tax on property purchase and then elaborate on how one can save on it via tax exemptions and deductions. To begin with, the taxation on property purchase has become much simpler tha...

Property tax is the greatest source of revenue for the Municipal Corporation of Delhi (MCD) and other local urban governments throughout the world. Property tax is a type of tax which is being charged to the owner of the property and the owner have to pay this tax every year. However, the commercial property tax amount varies from one location t...

Property tax is a tax assessed on real estate. The tax is usually based on the value of the property (including the land) a person owns and is often assessed by local or municipal governments. ...

Homeowners are often confused between real estate tax, property tax, and personal property tax. In case you are willing to buy a property, you should have a detailed understanding of these three types of taxes. To make things simple, here is a simple explanation of these three terms.

Land Tax It is a tax levied on the value of any property acquired by any person by way of a transaction or in any other way. These are the land tax rates applied to properties acquired on or after 1st March 2016 and apply to all persons (including companies, close c...