Calulator Property Tax

Property Tax Calulator

Unit area value per sq mtr :
unit area of property:
age factor :
use factor : :
structure factor: :
occupancy factor:
Rate of tax ::

Your Property Tax is :







Explanation of Calculation of Property Tax

Let’s understand  property tax with an example of a self occupied pucca house property of 100 square meters in category B area constructed in the year 1985. How much property tax is to be paid?

Unit area value in Category B = Rs. 500 per sq meter

Unit area = 100 sq mtr.

Age factor= 0.6

Use factor= 1

Structure factor= 1.0

Occupancy factor= 1.0

Annual Value = 500 * 100 * 0.6 * 1.0 * 1.0 * 1.0 = Rs. 30,000

Property tax = Annual value * Rate of tax (as mentioned above in category B tax rate)
                       = 30,000 * 12% = Rs. 3,600

Note This Example is based on the Values MCD guide line for online Computation of MCD Property Tax and similarly it will be for other States or Countries.

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