Property tax collection to resume in Kolkata
Bidhannagar Municipality is all set to restart the process of collecting property tax in Kolkata.
The civic body had started collecting taxes in March, but the tax collection process had to be stalled a couple of weeks later after some confusion over tax calculation came out. Now the officials have declared that they are to restart collecting property tax soon.
The owners whose annual valuation of property falls between Rs 1 and Rs 999 will have to pay a tax of 3.5 per cent of the annual valuation. The tax rate will go up to 10.5 per cent for property with an annual valuation of over Rs 10,000.
Officials said that bills of those who have already paid their taxes will be adjusted and fresh bills will be sent to those who did not pay their dues in March.
Bidhannagar Municipality, Kolkata, Kolkata property owners, Kolkata realty, property tax, Property tax bills, Tax collection
