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Property Tax Vadodara

Vadodara Municipal Corporation Property Tax

Last Updated 18th Jun 2021

  • Property owners or occupiers in Vadodara are required to pay the property tax owed on all residential or commercial properties.
  • The Vadodara municipal corporation has an official portal that helps find out property details online using a unique 16 digit census number.
  • You are exempted from paying Vadodara property tax in case of an earthquake or a natural calamity.
  • Pay house tax online on the official VMC portal.
  • VMC charges a penalty of 18% interest plus a notice fee of 0.50% and a 25% Education Cess in case of default on paying property tax.
INCOME TAX CALCULATOR

House Tax Vadodara

House tax or property tax is the direct tax on property, such as home, office buildings and empty plots for industrial or residential purposes levied by the respective state government. Property tax in Vadodara is levied on different categories of assets at applicable rates annually. The inability to pay property tax under existing rules is subject to fines and penalties that have to be paid by the assessee. Revenues from property tax are used to provide various public care programmes and public services, such as:

  • Enhancement of public hygiene
  • Public education programmes
  • Road maintenance by PWD
  • For paying local administration salaries
  • Public park maintenance

The administrative body, Vadodara Municipal Corporation (VMC) established under Bombay Provincial Corporation Act, 1949 is responsible for property tax collection in Vadodara.

How to Pay Vadodara Property Tax (VMC)?

The census number, which VMC assigns to all properties, is a mandatory criterion for paying property taxes in Vadodara. The steps required to pay the property tax online on the VMC portal are listed as follows:-

  • Reach out the property tax page on VMC’s portal.
  • Enter your allotted unique 16 digit census number in the designated column. And click the search tab.
  • After verifying the census number, you will be redirected to the next list to fill out details such as address, property owner names, etc. Assessees can access information on the Vadodara property tax dues on the same page and pay them through the electronic payment method offered by Vadodara Municipal Corporation.
  • The census payment details page is shown after clicking the pay button.
  • This shows the figures for the census along with the sum payable and the invoice comments.
  • You can choose between Visa and MasterCard by clicking on the Confirm option which will redirect you to an online payment portal.
  • Click the pay now tab after entering the card information.
  • If all of the specifics are entered correctly, the payment is approved.
  • You’ll be redirected to the Vadodara merchant for collecting the receipt of the payment.
  • You can confirm the payment through the payment information section of the owner. You can also check the history of your Vadodara property tax payment in the same section.

Penalties Under Vadodara Municipal Tax

The property tax penalty on defaults under Vadodara Municipal Corporation is subject to an 18% interest plus a notice fee of 0.50% and a 25% Education Cess. Also, this penalty on defaults is paid in addition to the initial property tax bill owed to Vadodara.

Exemptions under Property Tax Assessment

You can claim exemptions for property tax assessment in the following cases:-

  • In case of a fire
  • An earthquake or a calamity that results in the property unoccupied or the loss of the property.

The income tax is only collected while the property remains. According to the current laws, a property not used or abandoned by the owner for a long time will not be treated for exemption from Vadodara property tax.

Formula used by Vadodara Municipal Corporation (VMC) for Computing Property Tax

The formula employed for computing property tax by VMC.

Property Tax = R x M x A

  • R indicates that the annual rate shall be considered under calculation of property tax
    • R is ₹ 16/ square metre per annum for residential properties
    • R is ₹ 30/square metre per year for non-residential properties.
  • M is the product of many variables to be weighed for property tax estimates. M is Location Factor * age factor * usage factor * factor of occupancy
    • Location Factor: It depends on the location aspect to assist in the computation of the property tax.
    • Age Factor: Age factor depends on the period taken for the property's yearly construction under the property tax calculation process.
    • Usage Factor: It depends on the form of property to be measured, whether it is a residential or a non-residential real estate.
    • Occupancy factor: It is related to the individual and the usage considered for property calculation under the VMC tax rules.
  • A suggests the area of the taxable Vadodara property.According to the Vadodara property tax measurement rules, the property (A) area is equivalent to the entire area of the property, except both the internal and external walls.

FAQs

How is property tax calculated in Vadodara?

The property tax is calculated in Vadodara using the formula, Property tax = R x M x A.R is the rate; M is the combination of age, usage, location, and occupancy factors; A is the property area.

How do I pay my Vadodara municipal tax online?

You can pay your Vadodara municipal tax online by visiting the online portal https://vmc.gov.in/proptax/frmsrcbycensusno.aspx.

How do I pay my VMC tax online?

Visit the online portal started by the Vadodara municipal authority. Look for your census number and follow the simple instructions to pay the Vadodara municipal corporation property tax online through Debit/Credit Card or Net Banking/Mobile Wallet/Bharat QR/UPI.

How can I change my name in property tax in Vadodara?

You can try to change your name by visiting the online portal and submitting the copy of the following paperwork:

  • Recently paid tax receipt.
  • Copy of the sale deed
  • The housing society should issue a No Objection certificate.
  • Duly completed application form.

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