Indian city launches tax payment software to turn into paperless office
The new system will make property tax payment convenient for residents
According to ET Realty.com, the Mangaluru City Corporation (MCC) has decided to launch a demonstration of the new online property tax payment system following their completion of all preparations.
Akshy Sridhar, the MCC commissioner, said that a demo will be held to check and resolve technical glitches in the online property tax payment software, as part of the trial-and-error run.
After dealing with all initial issues, the commissioner said that the city corporation will be able to launch the online Self-assessment system (SAS) property tax payment system.
“We are in the process of aggregating the software with the support of Karnataka Bank, to facilitate online payment options,” he said.
The SAS tax calculation is determined by the basic guidance value of the property (pre-determined by the MCC) based on the area, street, and property type.
Property owners may submit details of the property, as well as the number of floors, area, and tenant details. Simultaneously, the software will calculate the property tax to be paid by the owner.
Mayor Premanand Shetty said that the process of introducing the system is in the final stage.
“The new software will have options for property owners to view details of their properties. People may log on to the property tax payment section, by clicking the link on MCC’s website. They may search their property by entering the ward name and door number. After accessing details of the property, people may generate challan to make payment of tax online,” he said.
More: Mumbai, India records more than 6,000 property registrations in August
The mayor also added that this software will help achieve MCC’s goal of transforming the city corporation into a paperless office.
He added, “At present, there are nearly 250,000 properties in the city. The new system will not only make property tax payments convenient for residents but also help the MCC to achieve its long-pending goal of converting the city corporation into a paperless office. The city corporation has already launched the online facility to pay water bills and trade licence fee for fresh and renewal applications.”
The Property Report editors wrote this article. For more information, email: [email protected].
Recommended
Meet the expert helping overseas investors crack Australia’s property market
Ivan Lam of property advisors Charter Keck Cramer helps clients navigate Australia’s complex real estate dynamics
6 spots to check out in Singapore’s Bukit list neighbourhood
The sought-after Singapore neighbourhood offers lifestyle amenities, green space, and new residential projects
Thailand’s real estate sector watches closely as the Shinawatras return to power
Time will tell if the return to power in Thailand of the Shinawatras will lift the country’s ailing real estate sector
China’s homebuying surge: Can new stimulus measures keep the market rally alive?
Stimulus measures have sparked a surge in homebuying activity around China, but many are sceptical the shift will endure