Kolkata Municipal Corporation Tax

Hi I am interested in having the information about Kolkata Municipal Corporation as well as the assessment department and the determination of th annual value of property and the rates of taxes?

[Rajkumar Agarwal]

KMC will be productive, powerful, fair, subject responsive, monetarily supportable and transparent,delivering quality support of its nationals.

Functions

Required capacities are as point by point in Sec. 29 of the KMC Act, 1980. Also, optional capacities are as point by point in Sec.30 of the KMC Act, 1980. Other than these, practicing of general capacities are liable to KMC Act, Rules and Regulations.

Water Works & Water Supply
Drainage & Sewerage
Street Lighting & Electricals
Roads & Pathways
Parks & Gardens
Land Use Control & Building
Solid Waste Management
Preventive & Curative Health Care
Town Planning & Architecture
Survey & Record
Municipal Markets
Improvement of Slums (Bustees)
Primary Education
Information & Public Relations

Assessment of Premises

Determination Of Annual Valuation (AV) :

an) If the property is utilized by the proprietor himself, then "Sensible Rental Method" is connected, i.e. from our database and contrasting and comparable premises, expected lease every month, which the property is equipped for bringing, is resolved. At that point it is increased by 12 to touch base at Annual Rental Value and a 10% statutory support remittance is subtracted to land at the Annual Valuation (adjusted off to closest ten rupees)

b)If the property is rented, then the real month to month lease (counting administration charges assuming any) is increased by 12 less 10% statutory remittance to touch base at the Annual Valuation.

c) in the event of Theater/Cinema lobbies 7.5% of the Gross Annual receipts (barring charges) is settled as Annual Value for the Hall.

d) if there should be an occurrence of empty unconstructed arrive, the Annual Value w.e.f third August 2008 - 2009 will be 2.5% and 7% of assessed market esteem for land measuring upto or more 5 cottah individually. For powerful evaluation period before March 2008-09, the rate is 7% for all cases independent of the land range.

Rates of Taxes:

an) If the Annual Valuation as settled above, does not surpass Rs.600/ - , then the rate of expense is 11% of the Annual Value. That is if A.V. is Rs,500/ - then the property assess every year is Rs.55/ - in addition to Howrah connect charge . Refund @ 0.5% of the quarterly expense is permitted if saved in time. To get quarterly gross measure of duty this ought to be isolated by 4 and adjusted off to the closest rupee. Net expense after discount will likewise be adjusted off to the closest rupee.

b) If the Annual Valuation as settled above, surpasses Rs.600/ - however does not surpass Rs.18000/ - , then duty rate is the rate of the A.V. worked out by isolating the A.V. of the premises by 600 and adding 10 to the remainder, the total along these lines worked out being adjusted off to the closest in front of the pack of decimal. That is if A.V. of premises is Rs.1300/ - ; then rate will be 1300/600=2.16%. Subsequently property charge rate is 2.16+10=12.2% (adjusted off). So gross assessment of such property every year will be Rs.158.60/ - in addition to Howrah connect impose @ 0.5%. of AV. To get quarterly gross measure of assessment this ought to be separated by 4 and adjusted off to the closest rupee. A further refund of 5% of the quarterly duty is permitted if saved in time. Net assessment after discount will likewise be adjusted off to the closest rupee.

c) If the Annual Valuation as settled above surpasses Rs.18000/ - , then the rate of expense is 40% of the Annual Value. That is if A.V. is Rs20000/ - then the property charge every year is Rs.8000/ - in addition to Howrah Bridge assess @ 0.5% of A.V. what's more, a further discount of 5% of the quarterly expense is permitted, if saved in time.

d) in the event of general pads/fitting units impose rate ought to be ascertained on an aggregate Annual Value of the considerable number of pads inside that premises and ought to be connected on individual Annual Value for particular pads to get the measure of gross property charge

e) For Bustee, and some statutory associations the rate of expense is distinctive. For Bustee the most extreme expense rate is 18% and least assessment rate is 15% on Annual Value

f) For business/non-private property, ordinarily an extra charge @ not surpassing half of assessment is material to such property or part of such property under non private utilize and is demanded also.

g) No duty is payable if AV does not surpass Rs.300 (three hundred)

Contact Info:

The Kolkata Municipal Corporation
5, S.N.Banerjee Road,Kolkata 700 013, India
Ph : +91 33 2286-1000 (28 Lines)

Control Room
Ph: +91 33 2286-1212/1313/1414
Fax +91 33 2286-1444

Call Centre
KMC Working Days
Mon-Fri : 10:00 AM to 6:00 PM
Sat : 10:00 AM to 5:00 PM
Ph : 155360 , 2226-9909 ,
18003453375 (Toll Free)
WhatsApp
Ph:8335988888