Introduction
The Shimla Municipal Corporation (SMC) collects property tax in Shimla. Due to a delay in issuing property tax bills, SMC has extended the deadline for paying Shimla property tax by July 15. Shimla property owners are urged to pay before the new deadline to avoid any penalties or late fees.
Table of Contents
- Shimla Municipal Corporation: Property Tax Rate in 2024
- How to Pay Shimla Property Tax Online?
- Property Tax Calculator in Shimla Municipal Corporation
- Property Tax Rebate in Shimla
In Himachal Pradesh, Shimla Municipal Corporation has launched a user-friendly portal to facilitate property tax payments. Property tax can be paid online in Shimla using a valid mobile number, bill number, and other details. On-time payment of property tax in Shimla will get a 10 percent rebate on the total tax value. This article discusses property tax Shimla rates, tax calculations, concessions and more.
Shimla Municipal Corporation: Property Tax Rate in 2024
The property tax rate in Shimla depends on the type of property the citizen owns. Municipal authorities have prescribed detailed property tax Shimla rates for residential and non-residential properties.
According to the official portal, the rate of unit area tax on lands and buildings under municipal jurisdiction varies between 1% and 25% of the rateable value. As determined by the authorities from time to time. The net rateable value of property tax in Shimla is charged at 15 per cent in Zone A and 10 per cent in Zone B on that net rateable value. In the case of buildings, it is shared below:
| A-zone | For self-occupied residential properties measuring 1 sq mt to 100 sq mt. 3 percent pa on the RV or rateable value |
| For self-occupied residential properties. Measuring 101 sq mt and above. 6 percent pa on the RV | |
| For non-residential properties. 10 percent pa on the rateable value | |
| B-zone | For self-occupied residential properties measuring 1 sq. meter to 100 sq mt. 2 percent pa on the RV |
| For self-occupied residential properties measuring 101 sq mt and above. 4 percent pa on the RV | |
| For non-residential properties @ 5 percent pa on the rateable value |
How to Pay Shimla Property Tax Online?
Residents can pay the property tax in Shimla online through the official website or authorized online payment portals. This convenient option saves time and eliminates the need to visit the tax office in person. Making it easier for residents to stay compliant with their tax obligations.
Online payment also provides a secure and efficient way to track payment history and receive instant confirmation of transactions. This digital method offers a hassle-free experience for residents when it comes to managing their property taxes in Shimla. Here is the step-by-step process for paying property tax online:
- Visit the official website of Municipal Corporation Shimla.
- Click on the ‘Property Tax’ button on the homepage.
- In the next step, click the ‘Pay Property Tax’ link.
- Enter your mobile number, bill number, UNP number, ward number, property name, owner name, payment type, and other details.
- Click on the ‘Make Payment’ option to pay property tax in Shimla successfully.
Property Tax Calculator in Shimla Municipal Corporation
There are many factors to consider while calculating property tax in Shimla. Each factor has different values for different zones, as the Municipal Corporation occasionally decides. Following is the list of factors responsible for determining property tax in Shimla:
- Position
- Occupancy
- Construction age
- Use of the building
- Construction types
Property Tax Rebate in Shimla
A property tax rebate is a discount for residents who pay taxes in advance. In Shimla, taxpayers who pay property tax within 15 days will get a 10 per cent rebate on the total tax amount. This incentive is intended to encourage prompt payment of property taxes, rewarding residents for timely contributions to the city’s revenue.
Residents can avail of this concession by paying their property taxes within the specified deadline to enjoy the financial benefit. This initiative can reduce the tax burden for residents. It helps the local government maintain a stable revenue stream for essential services.
Conclusion
The Shimla Municipal Corporation has been granted an extension to give residents enough time to settle their property tax liabilities. This extension will allow property owners in Shimla to avoid any unnecessary financial burden or consequences. Residents should take advantage of this extra time and ensure their property tax payments are made promptly.
Also read: Stamp Duty Has Been Increased in Tamil Nadu for 20 Legal Instruments.