TDS-1% is applicable on the sale of immovable property over Rs 50 lakh (except agricultural land).
Property tax has been revised starting from April 1, 2023. According to the new rates, the tax per square metre has increased from Rs 3-8 to Rs 6-10 for houses in the gram panchayat and from Rs 6-15 to Rs 8-17 per square feet for houses in the municipality. The property tax will increase by 5% every year.