Penalty on property tax

Q: I'm trying to pay Property tax online for the year 2015-2016. I missed the first pay where the Demand Date was 1-Apr and there was a penalty - understandable.
Why is there a penalty on the October payment, its not due yet. Can someone help.

Shree, Coimbatore

18th September 2015

Property Tax in Coimbatore

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Coimbatore Property Tax Property Tax in Coimbatore

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Hi All, I would like to known what are the different kinds of properties that are liable to be taxed under property tax in India?

Rajeev Srinivasan, Coimbatore

18th September 2015

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Hello, Rajeev, there are various kinds of property:

1. Residential house (self-occupied or let out)
2. Office Building
3. Factory Building
4. Godowns
5. Flats
6. Shops

Naduveetil Rajgopal, Coimbatore

18th September 2015

What Penalty should be impose in Chennai for late payment of property tax?

Pavan kumar, Chennai

18th September 2015

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Hi Pavan, I have also given penalty last year so that I can suggest you to give property tax on time. The Corporation of Chennai plans to penalize (fine) those house owners who fail to pay property tax on time in a bid to encourage timely payment of property tax.In Chennai 2% is charges against property tax . This penalty is very low when compared to the penalty of 15% applied on defaulters in Delhi. Other metros also apply a penalty between 10 and 15%. Bangalore happens to impose a fine of 20% on a monthly basis.

subramanya, Chennai

18th September 2015

A penalty will be added to your tax if your payment is late. The later the payment is made, the greater the penalty. The penalty rates are listed on the back of you tax statement.Usually the penalty is expected to be set at around 2% but it depend upon state to state.

Manikandan Swami, Coimbatore

18th September 2015

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