urbanorissa.gov.in Pay Holding Tax Odisha : Housing & Urban Development Department
Organization : Housing & Urban Development Department Odisha
Facility : Pay Holding Tax
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Home Page :https://urban.odisha.gov.in/
Pay here :http://cmccuttack.gov.in/
Pay Holding Tax :
What is Holding Tax-
Holding Tax has got the nomenclature ofProperty Tax in Orissa Municipal Corporation Act, 2003. As per Orissa Municipal Act, the Holding Tax is a percentage of annual value.
Related : How to Pay Holding Tax Online Odisha : www.statusin.in/5954.html
It constitutes the prime source of Revenue for the Municipal Corporation. The tax assessment base for Holding Tax may be on (a) capital/commercial value basis or (b)rental value basis.
Why it is necessary-
In order to hold property within the jurisdiction of the Municipal area, the property holder has to pay Holding Tax as per the Act.
Concerned Department :
Department of Housing & Urban Development, Government of Orissa
Legal Framework :
Holding Tax is levied as per Orissa Municipal Act, 1950.
Eligibility to pay :
** Any holding within Municipal Corporation limits having clear right, title, interest of the holder is liable to pay Holding Tax AT of 17.5% of the annual value of the holding depending on the nature of holding, i.e. either residential or commercial.
** Government buildings, GovernmentHospitals, Government Educational Institutions, Government Cultural Institution only pay 7.5% towards latrine tax & light tax and such institutions are being exempted of paying 10% Holding Tax as per the Act.
Procedures to pay :
** The payment can be made online in the ULBs having online facilities for holding tax payment. Or
** Go to your concerned ULB office’s tax wing,furnish the approved Building Plan’s copy for facilitating assessment of Holding Tax.
** pay the bill at the counter and take the receipt from the officer in charge.
Who to it may concern-
For assessment of Holding Tax contact the Tax wing of Bhubaneswar Municipal Corporation or Cuttack Municipal Corporation or Berhampur Municipal Corporation/ Concerned Municipality.
When it is paid-
Holding Tax is paid annually as per the announcement of the concerned Municipal Corporation/Municipality