Property tax in the Secunderabad Cantonment Board is a vital revenue stream that helps fund various civic services. Residents can conveniently calculate and pay their property tax online through a user-friendly portal provided by the board. It’s important to pay the Secunderabad Cantonment Board property tax on time to avoid penalties and take advantage of available discounts. Continue reading to learn about the payment process and deadlines for the Secunderabad Cantonment Board property tax.
Secunderabad Cantonment Board property tax rate in 2024
| Property type | Property tax rate |
| Residential | 27.6% |
| Commercial | 30.3% |
How to calculate Cantonment Board property tax?
The method for the calculation of Cantonment Board property tax differs based on the type of property.
Cantonment Board property tax calculation for commercial properties
To calculate property tax for commercial properties under the Cantonment Board:
Formula: Total built-up area of the property x Rate per sqft x 12 = Annual Rental Value (ARV)
ARV x 27.6% = Property tax per year
Rate per sqft: Ranges from Rs 3 to Rs 40, depending on factors, such as the nature of usage (offices, shops, ATMs), the type of building (sheet, hut, RCC, or street) and the location of the property (whether it abuts the main road or not).
Tax breakdown: The 27.6% tax rate is a combination of lighting tax, house tax, conservancy tax, special conservancy tax, and library cess.
Assessment period: For the triennial assessment period of 2015-2018, the above rates apply.
An increase of 20% on the rate per sqft is applicable for the subsequent assessment period of 2018-2021.
Cantonment Board property tax calculation for residential properties
For residential properties, here’s how property tax is calculated:
Formula: Total built-up area of the property x rate per sqft x 12 = Annual Rental Value (ARV)
ARV x 24.6% = Property tax per year
Rate per sqft: Ranges from Rs 1.8 to Rs 3, depending on the type of building (RCC ordinary building or RCC posh building).
Tax breakdown: The 24.6% tax rate covers lighting tax, conservancy tax, house tax, and library cess.
Assessment period: The rates apply for the 2015-2018 triennial assessment period. A 10% increase on the rate per sqft is applicable for the 2018-2021 assessment period.
How to pay Cantonment Board property tax online?
Citizens can conveniently pay Secunderabad Cantonment Board property tax online through the board’s official website or via the eChhawani portal by following these steps:
- Go to the Secunderabad Cantonment Board‘s official website.
- Scroll down the page and click on ‘Pay Property Tax Online’ option.
- Click on ‘Apply’ button at the bottom of the page.
- Log in using your mobile number and the OTP sent to you.
- Enter your PTIN number in the ‘Search Property’ section to locate the relevant property.
- Download your Secunderabad Cantonment Board property tax bill.
- Pay the property tax through the portal or using the payment link sent via SMS and email, then download the payment receipt.
Deadline for paying Secunderabad Cantonment Board property tax
The deadline to pay the Secunderabad Cantonment Board property tax is July 31, 2024. Taxpayers who miss this deadline, will incur a penalty of 1% on the outstanding amount.
Secunderabad Cantonment Board property tax rebate
The Telangana government provides a 5% rebate on property tax for citizens who pay the Secunderabad Cantonment Board property tax before the deadline.
Housing.com POV
Paying your Secunderabad Cantonment Board property tax on time is crucial to avoid penalties and benefit from available discounts. With the convenience of online payment options, residents can easily fulfill their tax obligations, contributing to the maintenance and improvement of civic services in the cantonment area. By understanding the tax rates, calculation methods, and payment procedures, you can ensure a smooth and timely process. Don’t forget to take advantage of the Telangana government’s 5% rebate by paying your property tax before the July 31, 2024 deadline.
FAQs
What is the last date to pay Secunderabad Cantonment Board property tax?
The deadline to pay the Secunderabad Cantonment Board property tax is July 31, 2024. Missing this deadline results in a 1% penalty on the outstanding tax amount, so timely payment is crucial to avoid additional charges.
Can I pay the Secunderabad Cantonment Board property tax online?
Yes, residents can conveniently pay their Secunderabad Cantonment Board property tax online through the board's official website or the eChhawani portal, ensuring a smooth and efficient payment process without the need for in-person visits.
What rebate is offered for early payment of Secunderabad Cantonment Board property tax?
The Telangana government offers a 5% rebate on property tax for those who pay their Secunderabad Cantonment Board property tax before July 31, 2024 deadline.
How is the Secunderabad Cantonment Board property tax calculated?
Property tax is calculated based on the total built-up area, rate per square foot, and applicable tax percentage. For residential properties, a 24.6% rate is applied, while commercial properties are taxed at a 27.6% rate.
What happens if I don't pay the Secunderabad Cantonment Board property tax on time?
Failure to pay the Secunderabad Cantonment Board property tax on the deadline results in a 1% penalty on the outstanding tax amount. It's important to make timely payments to avoid penalties and ensure continued access to civic services.
| Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at jhumur.ghosh1@housing.com |
