Introduction

This is the amount which is calculated on percentage defined and collected from citizen if failed to pay the property tax demand on time. It is also called the late payment penalty.

Data Table

Note: The data provided is sample data.

Procedure

Data Definition

Steps to fill Data

1. Download the data template attached to this page.

2. Get a good understanding of all the headers in the template sheet, their data type, size, and definitions by referring to the ‘Data Definition’ section of this document.

3. In case of any doubt, please reach out to the person who has shared this template with you to discuss and clear your doubts.

4. Get the interest rate that is being levied over a period of time.

5. Get the year as well as the date from which this was brought in place.

6. Start filling the data from the interest rate followed by the rest of the details.

7. Verify the data once again by going through the checklist and making sure that each and every point mentioned in the checklist is covered.

Checklist

The checklist is a set of activities to be performed one the data is filled into a template to ensure data type, size, and format of data is as per the expectation. These activities have been divided into 2 groups as given below.

Common Checklist

This checklist covers all the activities which are common across the entities.

Entity Specific Checklist

Not Applicable

Attachments

1. Configurable Data Template - Interest Rates

Open

2. Configurable Sample Data - Interest Rates

Open