If you have a property in Ludhiana, then here is all that you need to know about property tax Ludhiana.
Are you a tax-paying citizen of Ludhiana? Well, then you need to know everything that there is to know about the property tax Ludhiana.
Let’s begin right at the very basics – who have to pay property taxes? If you have a property in Ludhiana, on your name, that is you are the owner in pen and paper, then you will have to pay the property tax. If, however, you have rented a property, then you will not be paying the taxes, the owner will be doing it. So, that’s a very important distinction to remember.
There is a limited period by which you need to pay your taxes. You can get property tax online Ludhiana done, but that has to be done within the stipulated date, which is generally by 31st March. However, with the extraordinary circumstances due to the pandemic, in 2020, the dates were extended so that people could pay the taxes at their convenience.
Plus, you will also have to make sure that your property lies within the same area of the Ludhiana Municipal Corporation. Check and confirm before you start abiding by their rules.
Details about the calculation of property taxes
So, how is the tax value that you pay calculated? What are the factors that it is based on? Well, it is important to remember here that it varies from corporation to corporation. So, what might be the system for Mumbai might not be the same for Ludhiana.
Let us take a look at the property tax Ludhiana calculation and how it is done.
It is important to remember that the value of the property tax will vary depending on the type of property. For example –Residential and Commercial complexes will have different rates of property taxes.
So, this is the general formula which is followed in case of property tax calculation in Ludhiana:
“Total property tax to be paid = Collector’s rate of the property +construction cost (which is roughly estimated considering the rule, Rs 500/sq ft. of the covered area) – Depreciation (calculated at 10% of the cost of property construction)”
Now, there will be different factors that need to be taken into account here like whether the property is rented or not, and the rent value will have to be decided between the tenant and the owner and done legally with a signed stamp paper.
How to Pay Property Tax in Ludhiana
You can settle your Ludhiana property tax through both digital and traditional methods. For an in-person payment, visit one of the local Suwidha centres across Ludhiana. Alternatively, payments can be made electronically by accessing the Ludhiana Municipal Corporation’s property tax portal at propertytax.mcludhiana.gov.in.
Following are the steps to file property tax at Ludhiana’s Municipal Corporation website:
- Visit the official website of the Municipal Corporation Ludhiana (propertytax.mcludhiana.gov.in)
- Click on the ‘Property Tax’ section and select the ‘Online Payment’ option.
- Enter your Property ID or House Tax Number.
- Verify the details of your property displayed on the screen.
- Proceed to payment and choose your preferred payment method, such as Credit Card, Debit Card, or Net Banking.
- After successful payment, you can print your Property Tax Statement or Challan for your records.
Property Tax Ludhiana: Forms for Self-Assessment
To access the self-assessment forms for property tax in Ludhiana, follow these instructions:
- Go to the official website of the Municipal Corporation Ludhiana. (propertytax.mcludhiana.gov.in)
- Search for the site’s ‘Downloads’ or ‘Property Tax’ sections.
- Here, you can download the self-assessment forms, which are available in both English and Punjabi.
- Ensure you select the appropriate form for the current financial year. Once completed, the form can be submitted online via the Municipal Corporation Ludhiana’s property tax portal or at specified offices.
If you need further guidance, contact the helpline listed on the website or visit your nearest Suwidha Center during their operating hours.
Link the UID Number for Property Tax with PTR ID
To link your UID number with the PTR ID for property tax in Ludhiana, you can follow these steps:
- Go to the Municipal Corporation Ludhiana website. (propertytax.mcludhiana.gov.in)
- Click on the ‘Online Property Tax’ option.
- Select the ‘Link UID Number’ option.
- Enter your UID number and PTR ID number.
- Click on ‘Submit’ to complete the process.
After submitting, you should receive a confirmation of the linkage. For further assistance, please contact the official helpline number.
Property Tax Ludhiana: Verifying Property Tax Receipt?
To verify your property tax receipt for Ludhiana, you can follow these steps:
- Go to the Municipal Corporation Ludhiana website. (propertytax.mcludhiana.gov.in)
- Click on the ‘Verify Receipt’ option.
- Enter your Property Tax Return ID and select the relevant Financial Year.
- Click on the ‘Submit’ to view the details of your receipt.
Make sure the information displayed matches your records. Should you encounter any issues or require additional help, you can contact the helpline number listed on the Municipal Corporation Ludhiana’s website during office hours.
Property Tax Ludhiana: Print Tax Receipt
To print your property tax receipt for Ludhiana, you can follow these steps:
- Visit the Municipal Corporation Ludhiana’s official website. (propertytax.mcludhiana.gov.in)
- Navigate to the ‘Print Tax Receipt’ option.
- Enter your receipt number or PTR ID number.
- Click on ‘Submit’ to view your tax receipt.
- Click on the ‘Print’ option and take out the print of your tax receipt.
Ensure that your printer is connected and ready before you start the process. Should you encounter any issues or require additional help, you can contact the helpline number listed on the Municipal Corporation Ludhiana’s website during office hours.
Property Tax Ludhiana: Verify Transaction
To verify a property tax transaction for Ludhiana, you can follow these steps:
- Visit the Municipal Corporation Ludhiana official website (propertytax.mcludhiana.gov.in)
- Look for the option ‘Verify Transaction’ on the property tax page.
- Enter your transaction number and select the relevant financial year.
- Click on ‘Verify Transaction’ to confirm the details of your payment1.
Once verified, you can also generate and print a receipt for your property tax payment. If you need assistance, the customer service number provided on the Municipal Corporation Ludhiana’s website can be contacted during working hours.
Property Tax Ludhiana: If Not Paid On Time
If property tax is not paid on time in Ludhiana, there are certain penalties and interest that will be applied:
- From January 1 to March 31: A 10% penalty is imposed on the unpaid property tax amount.
- After March 31: The penalty increases to 20%, and an additional 18% per annum interest is charged on the delayed payment.
Paying your property tax by the due date is important to avoid these extra charges. The Municipal Corporation Ludhiana usually sets the deadline for property tax payment by December 31 for the financial year.
Property Tax Ludhiana: Assistance
If you require support with property tax matters in Ludhiana, the following options are available:
Customer Service: This service is available weekdays from 9:00 AM to 5:00 PM to answer your queries.
Online Self-Help Services: The official website provides tools for property self-assessment, tax calculation, tax statement printing, and online tax payment. Property Tax Returns (PTR) can also be filed at any Sewa Kendra or Zonal Suwidha Center.
Zonal Suwidha Centers: For face-to-face support, you can visit one of the Zonal Suwidha Centers across various zones in Ludhiana:
- Zone A: Mata Rani Chowk, Ludhiana
- Zone B: Back Side Shingar Cinema, Ludhiana
- Zone C: Gill Chowk, Ludhiana
- Zone D: Saraba Nagar, Ludhiana
Please have all necessary documentation to facilitate a smooth process when seeking help.
Calculating and paying your property tax online
Your tax bill can be accessed online and it can be done through quite a simple process. All you need to do is know the website to visit. So, let us help you along the way if you want to opt for a property tax online Ludhiana.
Once you visit the website, then you will have to login by registering first.
Provide the details required and then register your account.
Once that is done, then log in and you will get your tax bill displayed for you.
It will contain all the details of your payment and it will also note if you have any fines or outstanding bills.
You will have to clear the entire amount by the last date of the cycle.
This payment of the property tax Ludhiana can be done through internet banking, debit or credit card or as per the options provided on the website.
Remember to save and store the e-receipt that you get after you complete the payment. This receipt will come in handy later if there are any discrepancies with the payment.
Now, you will not have to calculate the amount, but you can check your account to know your value beforehand so that you can keep the money ready.
Paying your taxes offline
Well, if you are choosing to pay your taxes offline, then you will need to visit the Municipal Corporation of Ludhiana office. There you will have to draw the challan and then submit it at a bank which has tie-ups with the corporation. So for, property tax Ludhiana offline payment, you will need to know the list of all the banks that are registered with it so that you can make the payment there.
A lot of people have questions when it comes to their property taxes. Let’s take a look at some of them:
FAQs
Why do I pay property taxes?
This tax money which is collected by the government is used as revenue for various public amenities maintenance and development and hence it is our duty as citizens of a particular State to pay taxes contributing to the welfare of all.
Will I be fined for not paying property tax?
Well, if you miss one payment of your property tax Ludhiana then you can pay it off in the next cycle with a fine imposed on it. However, consecutive failures can lead to legal proceedings against you.
Is it safe to make payment online?
Yes, it is a preferred mode of payment of taxes by the government.
So, now that you are armed with the basics of property tax Ludhiana you can go ahead and become a more responsible tax-paying citizen!
What happens if the property owner doesn't pay Ludhiana’s property tax?
If a property owner fails to pay the property tax, an interest of 20% will be levied on the unpaid property tax amount. In addition to the penalty, an 18% per annum interest is charged on the delayed payment.