| General Rate
The Council levies a rate on
the owner of any immovable property included in the valuation
list, the net annual value of which exceeds 1,750 rupees.
The rate becomes due on the 1st January and is payable in two
equal instalments as the Council may by regulations prescribed
The General Rate presently payable is as follows:
| NET ANNUAL VALUE OF IMMOVEABLE
ROPERTIES
(RS) |
RATE PER CENT PER ANNUM |
| 0 - 1750 |
0 |
| 1751 - 2450 |
6 |
| 2451 - 7500 |
7.5 |
| 7501 - 10625 |
8.5 |
| 10626 - 12750 |
9.5 |
| 12751 - 16500 |
10.5 |
| 16501 - 22500 |
11 |
| 22501 - 30000 |
12 |
| 30001 - 35000 |
13 |
| 35001 - 44000 |
13.5 |
| 44001 - 60000 |
14 |
| 60001 - 75000 |
14.5 |
| 75001 - 150000 |
15 |
| 150001 - 250000 |
15.5 |
| 250001 - 400000 |
16 |
| 400001 - 600000 |
16.5 |
| 600001 - upwards |
17 |
Any general rate levied in respect
of any year shall become due as from 1 January each year and
may be paid in two equal installments, the first on or before
31st January and the second on or before 31st July .
Where any general rate is not paid within the appropriate
periods prescribed in the regulations -
| i |
a surcharge of 10 per cent is made on the
amount of the rate due and payable; |
| ii |
the Council, within one year of the date
on which the rates becomes due take appropriate measures
for the recovery of the rate. |
The Council grants to any ratepayer such time for payment
as it thinks fit not exceeding 4 months where it is satisfied
that the ratepayer is unable to pay the rate and surcharge
due otherwise than by installments.
The general rate is due and payable notwithstanding the fact
that the ratepayer has not received a claim for such rate
as per Local Government Act.
|
