House tax

pratyu (Querist) 27 February 2013 This query is : Resolved
sir
please inform me how much amt will i have to pay as house tax.i purchased the house for 5800000(58 lakhs)and it comes under grampanchayati guntur district,in andhra pradesh.i was told that i will be leveyed tax once a year.
thank you.

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M V Gupta (Expert) 03 March 2013
I think in Guntur house tax is determined on the basis of annual rental value of the property. Taxes are payable half yearly. Taxes revised once in five years.

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