Calculate RMC Property Tax in Rajkot & Online Payment
Owning a property comes with a lot of responsibility. Individuals not only have to focus on maintenance but also pay certain taxes to the asset. In Rajkot, property tax is levied on all types of commercial and non-commercial properties.
As a result, property owners of Rajkot have to pay property tax. The Local Government or Civic body, i.e. Rajkot Municipal Corporation (RMC), collects this direct tax.
Read the following section to know everything about RMC property tax.
What Is RMC Property Tax?
The Rajkot Municipal Corporation is renowned for adeptly managing the city. The municipal corporation allows private sector participation and introduces unique management techniques to handle the residents and the city optimally.
Against its services, RMC or Rajkot Municipal Corporation collects property tax from both residential as well as non-residential properties in the Municipal region.
As individuals have gained knowledge about Rajkot Municipal Corporation property tax, let’s move to other sections.
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How to Calculate RMC Property Tax Amount?
By using the formula mentioned below, residents can easily calculate RMC house tax,
RMC Property Tax = Carpet area of residential building x specified rate of tax x (location factor x age factor x type of building factor x occupancy factor)
How to Pay RMC Property Tax?
Property owners of Rajkot can take either online or offline routes to pay house tax. Below is the process discussed in detail.
How to Pay RMC Property Tax Online?
Step 1 – Visit the official website of Rajkot Municipal Corporation.
Step 2 – Navigate to the ‘Online Services’ tab and select ‘Property Tax Payment’ under ‘Property Tax’.
Step 3 – Individuals will be redirected to another webpage. Here, click on ‘Property Tax Payment’ under ‘Online Services.
Step 4 – Enter details on ‘Old Property No’ or ‘New Property No’. Click on ‘Show amount payable’.
Step 5 – Payable tax amount will appear on screen. Complete transactions by using internet banking, Credit, or Debit card.
Step 6 – Post-payment, property tax receipt of RMC will be generated. Download the receipt for record-keeping.
How to Pay RMC Property Tax Offline?
Step 1 – Visit the head office of Rajkot Municipal Corporation.
Step 2 – Show all the essential documents at the respective counter and complete payment of RMC property tax.
Step 3 – Collect the acknowledgement slip of house tax payment.
What Is the Last Day of Paying RMC Property Tax?
Property owners of Rajkot are liable to pay house tax bi-yearly. Individuals and corporations have to pay tax for the first half and second of a year before 31st March and 15th October (usually), respectively.
Delay in RMC property tax payment can attract a penalty charge of 18% interest and 0.50% notice fee.
With thorough knowledge of RMC property tax, property owners can now easily calculate and pay house tax before the due date.
FAQs About Property Tax in RMC
Do tenants of Rajkot have to pay house tax?
No, tenants of Rajkot do not have to pay house tax. Only, property owners are responsible for paying RMC house tax.
What documents does one need to gather for paying RMC house tax?
One needs to gather various documents for paying RMC house tax. These include an Aadhaar card, a bill with a unique number for a property, a bill of an old or previous property, a previous unique number through which tax payment was made, address Proof of property.
What is the discount for property tax payment in RMC?
In FY 2022-2023, the municipal corporation offered a 10% discount on advance property tax payment. Additional 1% discount was also offered to the people who settled their taxes online.
Who is exempted from property tax in RMC?
Non-profit organisations, religious institutions and government properties are excluded from property tax in the Rajkot Municipal Corporation.
What is a property smart card in RMC?
Property smart card is a chip enabled PVC card which contains all the comprehensive details of a property and its owners. It is issued by the revenue department to each person who owns a property under the Rajkot Municipal Corporation.