Are you looking for information on Holding Tax payments for the Bhubaneswar Municipal Corporation? Well, you are in the right place and here we will discuss all information related to the Property/ Holding Tax. The Property Tax is also known with the name of Holding Tax and it is filed by the property owner annually. Similarly, if you have your own any type of real estate property in Bhubaneswar city then you need to pay an amount in the form of annual tax on your property.
The Holding tax is collected by the government body called “Bhubaneswar Municipal Corporation”. The main aim of collecting tax funds is for the welfare of society and to keep the cycle of development going.
Bhubaneswar Municipal Corporation Holding Tax
In this section, we have only talked about the Bhubaneswar Municipal Corporation and Bhubaneswar City. Because many people are going to purchase the house & property in this area. Bhubaneswar is the Capital of Odisha and the largest city in the state. This city is very famous because it’s the center of economic and religious importance in the region. This City is also famous as the name of Temple City of India, because of the existence of large numbers of magnificent temples and architectural heritage. The Bhubaneswar Municipal Corporation has a long history of vigorous civic engagement devoted to the pursuit of improved living conditions for all of its residents.
From its founding as a Notified Area Committee in 1948 to becoming a Municipality in 1979 and, eventually, a Corporation in 1994, BMC has evolved through several complex stages while continuing to expand and thrive. BMC has carried out innovative work in several sectors and sees itself as the primary supplier of the services listed below, which improve the standard of living for Bhubaneswar’s citizens.
BMC Holding Tax Online Payment – Overview
| Name of Topic | Bhubaneswar Municipal Corporation Holding Tax Online Payment |
| Kind of Tax | Holding Tax and Property Tax |
| Tax Collected by | Bhubaneswar Municipal Corporation |
| Year | 2024 |
| Mode of Payment | Online |
| BMC holding tax receipt | Download Here |
| Official Website | https://www.bmc.gov.in/ |
Steps for Bhubaneswar MC Holding/ Property Tax Online Payment
- First, you need to visit the official website of the Bhubaneshwar Municipal Corporation.
- On the web homepage, you need to click on the option called “Property Tax Service”.
- A new page will open before you. Here, you need to click on the option called “Pay Holding Tax”.
- Then enter your registered mobile number and password and click on the login button.
- Now you have to complete the payment procedure, and you can use payment methods like Debit Card, UPI, and Net Banking.
- Finally, your tax payment has been done. Now you can easily download the holding tax receipt.
Holding Tax Bhubaneswar Receipt Download
- When your payment process has been done on the port, you can also download the receipt of the payment.
- After successfully, the payment you will get the option of downloading the holding tax receipt.
- Just click on the option, and your receipt will be downloaded to your device.
- Now you can use this receipt for future reference.
BMC holding tax calculator for Residential Holding tax
- Step 1: Monthly rent of the building x 12 = X.
- Step 2: Deduct 15 percent of X towards maintenance costs.
- Step 3: Add 0.5 percent of the land cost where the building is located.
- Step 4: Hence the annual value of the building is (Step 1 + Step 3 – step 3).
The annual value of the building is levied on Holding tax @ 17.5 percent.
BMC Contact Number
- Address:- Bhubaneswar Municipal Corporation, BMC – ICOMC Tower, Unit-IX, In front of Satya Nagar Kali Temple on Janpath, Bhubaneswar- 751022, Odisha, India.
- Contact Number:- 8280282000
- Email Id:- [email protected] and [email protected]