2024 Vadodara VMC Property Tax Payment and Calculation: Vadodara Municipal Corporation (VMC) Property Tax Online 2024. VMC Property Tax Online Payment 2024. Pay VMC Property Tax Online. Vadodara Property Tax Receipt download at https://vmc.gov.in/proptax/frmptaxmain.aspx.
Vadodara Municipal Corporation Property Tax
Property Tax is a significant tax levied on various properties such as residential houses, commercial buildings/land, offices, etc. The funds are directed to multiple public services in the state or city. India, a huge country with various States, is very keen on taxes. Each State has a designated tax department, which helps in collecting, calculating and enhancing various amenities.
Vadodara Municipal Corporation is an active body assigned to collect property tax and other relevant taxes. Residents with properties in Vadodara are required to clear their taxes within the set time frame to avoid hefty penalties. VMC provides accurate ways to calculate each property’s tax amount. Property owners can check out the requirements to avail the collect calculations.
Benefits of VMC Property Tax Payments
Vadodara Gujarat residents benefit from taxes raised by the VMC body. The taxes are directed to help in the following tasks:
- Help in public sanitation and drainage systems.
- Paying public workers
- Construct and improve schools, hospitals, and other public buildings.
- Maintaining public parks.
Property owners need to own up and complete their tax payments on time to assist the government, and Municipal Corporations fulfill different services.
Vmc.gov.in/proptax/frmptaxmain.aspx
How To Calculate VMC House Tax
Easy Ways to Calculate your VMC House Tax
The legal property or house tax formula is:
- Vadodara property tax is equal to R * M * A
- VMC property = Annual rate * taxable area * location factor * age factor * usage * occupancy.
R: is the annual rate applied on residential and non-residential properties. The rate is Rs.16 per sq. meter per year and Rs.30 sq. meter per annum.
M: This refers to different products such as location factor * age * occupancy year.
A: it is the taxable area of the property.
The age factor is calculated based on the year the property was constructed. This applies to the location, as the amount is determined by the area where the building is located.
VMC Factor Table
- Location
The location details are calculated within three sections as shown:
| Class / Category | Location Residential Property | Location Non-residential property |
| A | 1.25 | 1.50 |
| B | 1.00 | 1.25 |
| C | 0.75 | 1.00 |
Age Details
- 20 years build:1.00
- 20 to 40 years: 0.75
- 40 + years: 0.50
Usage Factor
- Independent bungalow: 1.25
- Tenement row house: 1.00
- Flat: 0.75
- Urban residential house: 0.75
- Open plot: 0.50
- Ex-servicemen: 0.25
Occupancy Factor
- Self-occupied house or property: 1.00
- Tenants: 1.25
VMC Default Penalty
Property owners defaulting VMC set taxes face hefty fines from the Municipal Corporation. The property is fined the following amount:
- 18% interest on unpaid amounts
- 0.50% notice fee
- 25% education cess
Exemption Details
The Gujarat and Vadodara government and Municipal Corporation exempt some properties from paying taxes. Property owners can check the following exempted properties:
- Property affected by natural factors like fire or earthquake.
With current tax laws houses or properties that are abandoned for long will not be exempted from tax.
How to Pay Vadodara Municipal Corporation (VMC) Property Tax Online
The Vadodara Municipal Corporation provides taxpayers simple and secure online platform to pay their taxes as follows:
- Go to the VMC website page link to avail different options https://vmc.gov.in.
- Select the “online Services” tab to access the “Online Payment services” option.
- Proceed to the “Pay Property Tax Online” button and key in your “Cess number.”
- Go to the “search” button.
- The page will show the amount to pay and payment modes.
- Property owners can use net banking, UPI, debit cards, or credit cards.
VMC Property Tax Payment Offline Method
- Go to the VMC offices near you and request for property tax payments.
- The respective official will ask for your documents.
- After verification, you will get a payable amount.
- Complete the payment based on the preferred mode to get an acknowledgment or reference slip.
- Keep the document for reference.
The Vadodara Property Tax payment is easy to clear as the payment modes are readily available. The user can pay via bank facilities such as credit/debit cards, UPI, and Internet banking.
Vadodara Property Tax Online Payment Receipt
Download link https://vmc.gov.in/proptax/frmDownloadReceipt.aspx
Also read Kolhapur Municipal Corporation Water Tax Online Payment, Birth, Death Marriage Certificate
FAQs
- Am I exempted from tax if I don’t live on my property for long?
The Municipal Corporation doesn’t exempt abandoned properties by owner.
- What property is exempted from property tax?
Properties that have experienced natural calamities are exempted from tax.