Tag: Property tax in Kolkata

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Kolkata: Salt Lake Residents Receive Property Tax Bills

KOLKATA: The Bidhannagar Municipal Corporation (BMC) has commenced dispatching property tax bills for the year 2026-27 to households in Salt Lake. Taxpayers can benefit from a 5% tax rebate (excluding any arrears) if payments are made by the due date. For those who have not settled their past dues from the previous financial year, a 10% penalty along with 10% interest applies to the total overdue amount as of March 31. Tax payments can be made online at www.bmcwbgov.in using debit or credit cards, net banking, or through the Bharat Bill Payment System. Physical payments can also be made at…

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Kolkata’s Sector V to Pay Property Tax via UAA Next Year

KOLKATA: NDITA has submitted its final proposal to the state regarding the implementation of the unit area assessment (UAA) system for property tax collection in Sector V. This draft proposal from NDITA outlines that the property tax for each holding will be calculated by multiplying its annual valuation by the applicable tax percentage set by the government, ensuring that no property tax exceeds 30% of the annual value of land and buildings in the region. An NDITA official shared, “Several modifications have been incorporated into the draft, which has been approved by the valuation board. The completed proposal is now…