STOCK MARKET BSE NSE

Kerala Government Issues Clarification on Property Tax in Grama Panchayats

The government has issued clarification on property tax levied by grama panchayats. Houses with an area of less than 60 sq m.

Published: 19th December 2015 02:41 AM  |   Last Updated: 19th December 2015 02:59 AM   |  A+A-

THIRUVANANTHAPURAM: The government has issued clarification on property tax levied by grama panchayats. Houses with an area of less than 60 sq m (660 sq ft) have been exempted from property tax from 2015-16 onwards.

An affidavit from the house owner should be kept by the secretary for a five-year term.

Taxes before April 2013 will be applicable to properties with less than 185 sq m (2,000 sq ft) area if no structural changes such as roof changes were made. If major changes were made the new tax will be applicable. If there were building expansions other than major structural changes then new tax will be applicable after assessing the appended area. The assessment can be done by cross-checking the data in the permit register and assessment register with the panchayats.

If such data is not available, it can be collected from the property owner through an affidavit in Form number 1. If the total area is more than 185 sq m (2,000 sq ft) and no major structural changes were made, the existing tax and additional 25 per cent shall be levied from April 2013. If there has been an expansion the tax will be levied on the extra space after a reassessment.

No separate property taxes will be imposed on pump houses, motor sheds and so on used solely for agricultural purpose. Grama panchayats have been directed to complete the property tax assessment before December 31.



Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp