How do I pay Holding Tax ?
Holding Tax has got the nomenclature of Property Tax in the Odisha Municipal Corporation Act, 2003. But since Rules and by-laws regulating the property Tax is in the pipeline, for the time being as per Odisha Municipal Act, 1950 Holding Tax is being collected.
Any holding within corporation limits having clear right, title, interest of the holder is liable to pay Holding Tax @ of 20.5% of the annual rental value of the holding depending on the nature of holding, i.e. either residential or commercial.