The Pioneer 05.07.2013
Now, UT to implement new house tax rates
The Administration has decided to impose the property tax on
residential lands and buildings at the rate of Rs 1 per square yard for
the assessment year 2013-14 except for any house having plot area less
than 125 sq yds, EWS or LIG category and in the villages falling within
the limits of the Municipal Corporation Chandigarh.
The exemption will not be available to the flats/dwelling units
constructed by the cooperative house building societies and the
Chand-igarh Housing Board etc. as the area of the entire land will be
taken as a single unit and thereafter tax will be divided against the
individual flat/dwelling units etc. depending upon their respective
area. The Government lands and buildings would be exempted from making
payment of tax so imposed, but such lands and buildings will be liable
to make payment of service charges at the rate of Rs 0.75 (paise seventy
five only) per square yard.
