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CA Mohammed S Chokhawala

Content Writer

I'm a chartered accountant, well-versed in the ins and outs of income tax, GST, and keeping the books balanced. Numbers are my thing, I can sift through financial statements and tax codes with the best of them. But there's another side to me – a side that thrives on words, not figures. Writing has always been a passion. Maybe it's the desire to explain complex financial concepts in a clear, understandable way, or perhaps it's the joy of crafting a compelling narrative. Whatever the reason, I've recently started putting pen to paper (or rather, fingers to keyboard) and creating articles and blog posts that make the world of finance less intimidating for everyday people.

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The latest articles by CA Mohammed S Chokhawala


Vasai Virar Property Tax - How to Calculate and Pay Online
Updated on May 4th, 2026 | 6 min read

The Vasai Virar City Municipal Corporation charges a property tax on real estate. They collect this tax annually from different types of property owners who fall under its jurisdiction. A property tax is also called 'Gharpatti' in Marathi. The municipal body uses Vasai Virar Municipal Corporation property tax for the maintenance of the city. This benefits the residents of the city in several ways such as uplifting property prices, providing a better quality of life to them, etc.When is the Last Date for payment of Vasai Virar Property Tax?The deadline for paying property tax is December 31.


Property Tax Gurgaon - How to Calculate and Pay Online
Updated on May 4th, 2026 | 15 min read

The Municipal Corporation of Gurgaon (MCG) has streamlined the property tax payment process, allowing property owners to easily calculate their tax liability based on standardized rates for different property types. Cities like Gurugram and Faridabad fall under the A1 category, ensuring uniform tax rates across similar properties. While small and medium residential properties used for self-occupation are taxed at lower rates, larger or commercial properties attract higher charges.Gurgaon Property Tax Due DateProperty tax in Gurgaon should be paid within 31st March of the financial year.How to Pay Property Tax in Gurgaon?Property owners can pay their property tax through the following methods:Payment using Online MethodThe Gurgaon Property Tax can be paid online using the following steps:Visit the official MCG website.Login using your Mobile number or e-mail ID or property ID.Enter your unique property ID, locality, owner's name, and full property address.The system will automatically calculate and display the property tax amount for the selected year, including any outstanding arrears.Choose your preferred payment method, debit/ credit card or net banking, and complete the payment.A receipt will be generated after the payment is processed, which you can save for future use.Payment using Offline MethodThe Gurgaon Property Tax can be paid offline using the following steps:Visit the Municipal Corporation of Gurgaon office or any nearby property tax collection centre. There are multiple centres across the city.Please provide the staff at the counter with essential property details such as your property ID, name, and address.Choose your payment method, either cash or a credit/ debit card, and complete the transaction.After payment, you will receive an official receipt as proof.Alternatively, you can go to any Oriental Bank of Commerce branch in the city. Before enabling you to complete the payment, a bank representative will check the specifics of your property.Payment using E-WalletThe Gurgaon Property Tax can be paid using e-wallet  using the following steps:On your smartphone, open the Paytm application.In the search bar, type ‘Municipality Taxes’ and search.Select the option ‘Municipal Corporation of Gurgaon’ from the options provided and enter some details, such as your name, property ID, email, address and phone number.Click on ‘Get Tax Amount’.On the redirected screen, your Gurgaon property tax amount will be shown.Select the ‘Make Payment’ option and select the payment method you want to use for the same.Once you have completed your property tax payment, you can print out the receipt for future use.MCG House Tax on Residential PropertiesBelow is the table that shows the house tax on residential properties as per the Municipal Corporation of Gurgaon:Area (Residential Houses)Property Tax (Per Square Yard per year)Up to 300 square yardsRs. 1301 to 500 square yardsRs.


Property Tax in Ludhiana - How to Calculate, Payment Process & Last Date
Updated on May 4th, 2026 | 5 min read

Property taxes are direct taxes imposed on real estate owners of property. The Ludhiana Municipal Corporation takes the responsibility of levying property taxes in Ludhiana every year. This is the main source of revenue for the Punjab State Government. Property tax in Ludhiana can either be paid online or offline modes.Ludhiana Property Tax Due DateEvery property owner must pay their taxes on or before 31st March every year. Moreover, if the property tax owners fail to pay taxes within the specified time limit, a 20% penalty is charged to the property owner with 18% interest on the tax amount.How to Calculate Property Tax Amounts in Ludhiana?The calculation of property taxes varies from one area to another.


NMMC Property Tax - How to Pay Property Tax Online in Navi Mumbai?
Updated on May 4th, 2026 | 20 min read

NMMC or the Navi Mumbai Municipal Corporation, is the civic body responsible for maintaining and developing the local infrastructure in Navi Mumbai. It levies NMMC property tax on the owners of the properties, which is a vital source of revenue for the municipal corporation. Property tax in Navi Mumbai can be paid online via the official website or through offine mode.Due Date and Penalty ChargeIt is important to note that the State government specifies the last date for the NMMC payment for every financial year. It is usually on 30th June of the financial year.This is because there is a penalty charge of 2% on the outstanding amount for the property owners who fail to make the payment on time. This penalty shall continue for all further tax payments until you clear all the dues.How to pay NMMC Property Tax?Online ModeWith the introduction of the NMMC property tax online payment services, paying taxes has become easier for the citizens.


VMC Property Tax: How To Calculate and How To Pay Property Tax in Vadodara?
Updated on May 4th, 2026 | 7 min read

The Vadodara Municipal Corporation property tax is a local tax that is levied by the Vadodara Municipal Corporation for owning a property. It can be either paid through the official Vadodara Municipal Corporation website, or physically by visiting the corporate office of VMC.Vadodara Property Tax Due DateProperty tax in Vadodara is usually paid semi-annually, on 31st March and 15th October respectively.How to Pay Property Tax to Vadodara Municipal Corporation (VMC)?Paying the VMC property tax is a simple and hassle-free process. Tax can be paid either through online or offline mode. You can follow the below-mentioned steps to pay the tax as per your suitability:Online ModeFollow these steps to pay the VMC property tax online:Visit the official website of Vadodara Municipal Corporation.Scroll down to click on the ‘Citizen Services’ option.Click the ‘Property Tax’ from the various options available on the next page.Provide your 16-digit census number in the box and click the ‘Search’ button.Check the details of the property tax, such as the owner's information and the property tax dues. Click the ‘Pay’ option to make the payment using your suitable mode.Once you paid the property tax, you can verify the transaction by visiting the ‘Owner Details’ tab.After paying the tax amount, you can opt for the VMC property tax receipt download for future reference.Offline ModeFollow these steps to pay the VMC property tax offline:Visit the Vadodara Municipal Corporation office.Request the official to provide you with the property tax details and amount.Submit the required documents and pay the tax amount.Collect the acknowledgement receipt from the official for future reference.How to Calculate Vadodara Municipal Corporation House Tax?You can easily complete the VMC property tax calculation using the following formula:VMC Property Tax = R x M x AWhere, R refers to the applicable annual tax rate. For example, the tax rate for residential properties is Rs.


How to Pay Chennai Corporation Property Tax Online?
Updated on May 4th, 2026 | 12 min read

Property tax is levied on buildings and vacant land unless specifically exempted. The Greater Chennai Corporation is entrusted with regulating, managing and collecting property tax in Chennai. It can be either paid online via the official website of Chennai Corporation, or through offline mode.Due Date and Penalty The due date for payment of property tax is September 30 and March 31. A penalty at 1% per month is charged in case of delayed payment after a 15 days grace period.Steps for Payment of Chennai Property TaxProperty tax payments can be made either online or offline. Online PaymentVisit the official page at https://chennaicorporation.gov.in/gcc/online-payment/property-tax/property-tax-online-payment/Next, enter the zone number, division code, bill number, and sub number. The details can be found on your bill.Click on 'Pay Tax'.On the next page, the amount that must be paid will be displayed.


Section 10 - Tax Exemptions, Allowances & How to Claim?
Updated on May 4th, 2026 | 33 min read

Section 10 of Income Tax Act lists incomes that are fully or partially exempt from tax, meaning they may not form part of your taxable income subject to conditions. These Section 10 exemptions cover income such as HRA, LTA, agricultural income, gratuity, and other specified exemptions available under different sub-sections of the Income Tax Act.Popular Section 10 Exemptions ListHouse Rent Allowance (HRA) Leave Travel AllowanceAgricultural IncomeChildren Education AllowanceInterest on provident fund (on satisfaction of conditions)Retirement settlement amount such as gratuity, leave encashment, pension, etc. (on satisfaction of conditions)What are Section 10 Exemptions of the Income Tax Act?While calculating the tax liability of an individual, there are certain incomes which is exempt and do not form a part of the total income. Section 10 includes all those exemptions that a taxpayer can claim while paying income tax. From an employee's perspective, the exemptions available under the act can be classified as exempt allowances, and other exempt income. They are presented as follows:1.


PF Balance Check 2026: 5 Ways to Check EPF Balance Online & Offline
Updated on Apr 30th, 2026 | 13 min read

EPFO members can check their PF balance through various methods that are through EPFO portal, using UMANG app, through missed call or SMS services, or through their DigiLocker facility. However, members have to make sure that they have activated their UAN and have linked their KYC. Therefore, EPF balance check can be done both through online and offline methods. PF Balance Check Methods: Quick Reference TableMethodUAN RequiredInternet RequiredEstimated TimeEPFO PortalYesYes2 minUMANG AppYesYes2 minMissed CallYesNoInstantSMSYesNoInstantDigiLockerYesYes3 minPrerequisites Before Checking PF BalanceBefore checking PF balance through online or offline methods, members should make sure to activate their Universal Account Number and have linked their KYC details. Without these, PF balance check thorugh most of the services will not be possible. 1. How to Activate UANStep 1: Download the UMANG App from the Google Play Store or Apple App Store and log in using your mobile number.Step 2: Search for “EPFO” in the app and select “UAN Services Through Face Auth”.Step 3: Tap on “UAN Activation” to begin the process.Step 4: Provide your 12-digit UAN, Aadhaar number, and Aadhaar-linked mobile number.Step 5: Click on “Send OTP”, enter the OTP received on your registered mobile number, and submit.Step 6: Complete the live face scan using your phone camera to verify identity with the UIDAI database (camera permission required).Step 7: Once verified, your UAN will be activated, and a temporary password will be sent to your mobile via SMS.2.


Employee Provident Fund (EPF): EPFO Login, Schemes, Interest Rate & Services 2026
Updated on Apr 30th, 2026 | 21 min read

The Employees' Provident Organisation or EPFO is a statutory body that manages the EPF retirement savings scheme in India, thus enabling salaried employees to build a secure retirement savings corpus through timely employee-employer contributions. As of 2026, the EPFO provides services to over 7 crore members and 147 offices, while offering an EPF interest rate of 8.25% on deposits. Latest Update: EPFO 3.0The EPFO launches EPFO 3.0 which allows members to withdraw PF balance instantly through UPI and ATMs. The auto-settlement limit has also been increased to Rs. 5 lakh from the existing Rs. 1 lakh.


Advance Tax Payment FY 2026-27: Due Dates, How to Pay Online & Calculator
Updated on Apr 30th, 2026 | 23 min read

Under the advance tax system, taxpayers pay their tax liability during the financial year itself rather than at the time of filing returns. If the tax on total income after TDS exceeds 10,000 INR in a financial year, advance tax must be paid. The Income Tax Act 2025 applies for advance tax payments for FY 2026-27. Advance tax can be paid online via Income Tax Portal, either through logging in, or without login using 'quick links' section.Advance Tax Due DateThe due date to pay the 1st installment of advance tax for Q1 FY 2026-27 (Apr-Jun) is June, 2026 Taxpayers should make sure to pay 15% of the total tax liability for the year by June 15, 2026. Taxpayers shall refer to section 403 to 410 of the Income Tax Act, 2025 with effect from 1st April 2026What is Advance Tax? (Meaning & Definition)Advance tax is income tax paid through multiple installments before the end of financial year, instead of a lump sum payment after the end of the financial year. The provisions related to advance tax are covered under section 403 to section 410 of the Income tax act, 2025.The taxpayer calculates the estimated total income at the beginning of the financial year, thereby estimating his tax liability.


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