Accountancy, asked by saikumarch08674, 2 months ago

municipal taxes find out group​

Answers

Answered by ranjnamishra3800
0

Answer:

Property tax is an annual amount paid by a land owner to the municipal corporation of his/her area. The municipal corporation assesses and imposes the property tax annually or semi annually. The amount is generally based on construction, area, property size etc.

Answered by Anonymous
2

Answer:

The property tax record is one of those legal documents that can give you sleepless nights and/or nightmares. When it comes to property documentation, Indian homebuyers might be aware of the more common sales deed or khata certificates, but changing the records in the property tax record is an important step as a property owner. Municipal authorities maintain the property tax record, and if the change in ownership is not updated here, then tax receipts would be generated in the previous owner’s names. While that might seem comforting, non-payment of taxes can lead to hefty fines and a whole host of uncomfortable situations you may not want to be associated with.  

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