eGov Property Tax

Introduction

Property Tax is the principal source of revenue in urban local bodies in virtually every part of the world. In most cities in India the property tax base has been considerably eroded by administrative and procedural inadequacies. A significant number of properties are not included in the tax base; those that are included are inaccurately assessed and collection is inefficient.  Based on analysis of many cities across India, the eGov Property Tax system addresses many of the inadequacies in the current system.

There are 3 main ways in which Property Tax is calculated:

• ARV- Annual Rental Value

• CVS- Capital Value System

• UAS- Unit Area System

The eGov Property Tax application module handles all 3 property tax methods. It computerizes the revenue department of a City Corporation or Municipality and provides an entire IT system that manages properties and their taxation. It calculates the property tax demand automatically based on any of the above mentioned methods. It is fully integrated with eGov Financials which is the accounting software that manages Municipal finances, so that up-to-date reporting of tax collections is fully automated. The tax collection application also generates the Bank Deposit Chalans and the Khirdi reports. The application handles property registrations, transfers, bifurcations, and amalgamations within the corporations.

Salient Features of eGov Property

• Property Database & Management

• Citizen friendly, pay anywhere system

• Supports Property Registration/ Transfer/ Bifurcations/ Amalgamation

• Integration with eGov Financials Municipal accounting system

• Integration with GIS system - eGovern GIS

• Offers online payment by credit card

• MIS Reports at City, Ward, Street levels

• Can handle Office, Bank and Field payments

• Monitors and reports Tax Inspector performance

• Improves tax compliance and hence the total collection

Government Process Rengineering - GPR

Each and every property must be identified in order to enter it to the eGov Property Tax System. Based on the quality of record keeping surveys may need to be conducted to collect accurate information, so that the eGov Property system is seeded with quality data. The gathering of such data is in itself a laborious process.

Clients
 

Currently the Bangalore Mahanagara Palike - BMP - (city corporation) uses the eGov Property Tax system to manage its revenue department. 6.4 Lakh property records and 12 Lakh payment records have been entered into the eGov Property system in Bangalore. eGov Property has collected more than Rs. 600 crores in property taxes in Bangalore.

The Nirmala Nagara project for 57 of Karnataka's largest cities are deploying the eGov Property. This system involves a tightly integrated cadastral GIS that is available over an internet architecture. 3000 SqKms of urban area in Karnataka were surveyed house-by-house to create this accurate system of record keeping. Street Naming and Property Numbering also had to be implemented to create a clean database of properties. A sophisticated Capital Value System of taxation was implemented with self assessment was introduced.

The Municipal Corporation of Delhi launched eGov Property Tax in April 2007. By July a record 2,00,000 (20% of all assessed properties) had registered online to pay property tax. Credit card processing was also offered online as many Delhi residents chose to pay property tax online. Cash and check payments can also be made at UTI banks and MCD property tax receipts can be printed online by citizens. The Unit Area System is completely automated with online forms and payment.

The New Delhi Municipal Council (NDMC) has gone live with eGov Property Tax as off Aug 2007. The NDMC intends to integrate the eSeva citizen counters to the eGov Property system backend which automatically updates the eGov Financials system of property tax reciepts.

Please direct eGov Property Tax enquires to contact@egovernments,org