Q: i am working my own buisness in a village panchayat of 10000 population in m.p. i want to know how much property tax is there on a plot of 2400sq ft.
Hi Aashish, For Open land i.e. Plot or Agricultural Land – 9.5% of the cost of the land + 1% Registration Fee both as mentioned above + 5% of 7.5% stamp duty as surcharge.