UP’s New Property Tax Rules Promise Transparency and Simplicity

Updated: May 11, 2025 19:10

Image Source: The Economic Times

Uttar Pradesh has introduced Bye-Law 2025 to streamline property transfer taxes, aiming to eliminate inconsistencies and improve accessibility for citizens. The regulation, announced by Minister A.K. Sharma, replaces varied fees with a standardized system based on property area or value.

Key Changes:

- Property transfers will now follow a uniform fee structure, ensuring affordability and predictability.

- An online application process has been launched, with a 45-day resolution target for undisputed cases.

- A pre-transfer public notice system will allow objections to be addressed before ownership changes.

- The bye-law mandates adoption by all urban local bodies after board approval, ensuring statewide implementation.

- Authorities expect the reform to boost revenue while making property transactions more citizen-friendly.

With this initiative, Uttar Pradesh aims to create a transparent, digital, and efficient property tax system, reducing bureaucratic hurdles for residents.

Sources: The Week, Economic Times, MSN News