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Friday, June 27, 2014

Can i save Property Tax by filing it online? (QandA : 005)

Question 005
Can i save Property Tax by filing it online?
Property Tax needs to be paid for every property (real estate) that is fully or partially owned by you. Last date for filing property tax this year (2014-15) is 30th June 2014. Check out how can you can file it online from the comfort of your home, and save 2% of property tax at the same time.
Answer 005
Government has been encouraging citizens to file property tax online for the last few years. Not only it is easy and convenient, it also saves you 2% of the total payable tax.
Some of the advantages of filing property tax via online medium are:
1) You only need to do a one time filling of property details. Each subsequent year, when you come to file property tax, you just need to enter your property id - and all details will appear automatically.
2) Tax calculation is automatic every year. Don't need to bother about complex tax calculation.
3) You can pay online or generate a challan, through which you can pay it by cheque at the nearest bank.
4) You save 2% of the total property tax if you decide to file it online (either online payment or challan generation online)

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