The Hindu 22.08.2009
Property tax rules for vacant land
Special Correspondent
CHENNAI: The State government notified on Thursday the rules governing levy of property tax on vacant land in local bodies across the State. They will be effective from September 1 this year.
Local bodies have been classified into three grades for fixing the rate of property tax on vacant land.
All Municipal Corporations and special grade Municipalities will be A category; selection grade and first grade Municipalities will come under B category and second grade, third grade and town panchayats will be in C category.
According to the notification issued by Niranjan Mardi, Secretary, Municipal Administration and Water Supply Department, the minimum tax leviable per square foot for vacant land in residential areas (A category) will be 20 paise (maximum – 40 paise); while this will be 15 paise (minimum) and 30 paise (maximum) in B category and 10 paise and 20 paise in C category.
The charges go up marginally for vacant lands on main roads and bus route roads (other than those that lead to arterial road) — 30 paise minimum and 50 paise maximum for A category; 20 paise and 40 paise for B and 15 paise and 30 paise for C categories.
For vacant lands in arterial roads, main roads and bus routes that lead to arterial road, the rates will be 40 paise (minimum) and 60 paise (maximum) in A category; 30 paise and 50 paise in ‘B’ and 20 paise and 40 paise respectively in C category areas.
