House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax
House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

Here is the good news for taxpayers. If you pay house tax every year, you have got some great news. We know how we usually have to shell out money for house tax, right? Well, now we might get a break from that!


House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax
House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax
House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

If you live in a small house and you pay your house tax starting in April, you might get a discount. Normally, if your rent is more than Rs. 900 per year, you gotta pay a house tax of 15%. But now, if your rent is under Rs. 900, you’ll pay 5% less house tax.


House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax
House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

The Commissioner of Municipal Corporation, Inderjit Singh, said that over 50 thousand people are going to benefit from this tax break.


House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax
House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

From April 1st to July 31st, you’ll get a 10% discount if you pay your house tax. But if you wait till August, the discount drops to 5%. And heads up, if you don’t pay up by January 1st, 2025, no more exemptions for you.


House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax
House Tax Exemption | Good News For Tax Payers | Huge Discount On House Tax

There are some special cases where you don’t have to pay house tax at all! Like if you work for the Municipal Corporation or similar services and you live in the city, no house tax for you. Commissioner Singh also mentioned that if you’re the spouse, kid, or unmarried daughter of some brave soldiers or ex-servicemen who’ve received special honors, you’re not required to pay taxes.


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