Experience The NoBrokerHood Difference!

Set up a demo for the entire community

Thank You For Submitting The Form
Q.

Are Property Taxes Paid Monthly or Yearly?

view 114 Views

1 Answers

5 months

Comment

whatsapp [#222222128] Created with Sketch. Send
0 2024-06-25T10:33:13+00:00

Property taxes are usually paid yearly, though some governments may allow or require monthly or quarterly payments. Being a Bangalorian, I must say that BBMP or  Bruhat Bengaluru Mahanagara Palike has the rule that a property wonder must pay the tax every year to them. I hope this will help you be aware, are property taxes paid monthly or yearly in BBMP.

What is the Tax Period for Property?

As far as I know, in India, taxes are paid only once in a year. For example, as per BBMP, the property tax payment period starts from April of one year to March of the next year. So for Financial Year 2024-2025, property tax must be paid by 2025.

How to Pay Property Tax?

There are several ways to pay property tax. If you want to pay it offline, visit the municipality or other concerned office and pay it to the official. If you want to pay it online, visit the official website of the state’s property tax portal and pay it there.

I however feel paying property tax through NoBroker is the easiest and hence I used its app for the property tax payment. You will just need to

  • Download the NoBroker app

  • Select the NoBroker Pay option

  • Click on Municipality taxes

  • Select State and Municipality

  • Enter the property ID and make the payment next

So these are some important details about property taxes and their payments. You can visit your nearest municipality for more information.

Make Hassle-free Property Tax Payments on Time through NoBroker

Read More:

How to find property taxes paid?

Most Viewed Questions

Recently Published Questions

Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners