In Thane, the property tax is calculated on a Capital value-based system. Check out the formula below:
Property tax = Tax rate x Total carpet area/area of land if the land is vacant x floor factor x usage factor g x age factor x type of building
Thanks to digitization, property tax can be paid online these days. Just register yourself on the official website (link given below). Fill in all the relevant details and tap on “online payment”
Thane Property Tax Website
Calculation of Stamp Duty on Leave and License Agreement in MaharashtraI also want to tell you that every leave and license agreement is required to be stamped with a flat stamp duty charge of 0.25% of the total rent.
Please note: the rate of stamp duty is the same for both commercial properties and residential properties, for a period of not more than 60 months.
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How Property Tax is calculated in thane when property is given on leave and licence basis
Jayant Maheshwari
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3 Year
2022-01-04T10:09:06+00:00 2022-01-05T18:29:02+00:00Comment
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