Home / Property Tax / How Property Tax is calculated in thane when property is given on leave and licence basis
Q.

How Property Tax is calculated in thane when property is given on leave and licence basis

view 205Views

2 Year

Comment

1 Answers

0 2022-01-05T17:33:36+00:00

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 Maharashtra

I 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.

Most Viewed Questions

Recently Published Questions

Flat 25% off on Home Painting
Top Quality Paints | Best Prices | Experienced Partners
Get your Home Sparkling Clean
Best Price | 5-Star Rated Partner | Safe Chemicals
Get Rs.1000 off on Your Lowest Quote
On-Time Delivery | Reliable Packing | Professional Labour
Buy Your Dream Home with NoBroker.com & Enjoy Exclusive Benefits on Home Loan & Interior Services
Fastest Sanction in 7 Days from 15+ Banks | Max Funding | No Hidden Charges
Get upto ₹10 Lacs Instantly in your bank account | Instant Disbursal |
Save Lakhs on Brokerage
Get Dedicated Expert to Search Property, Contact Owners & Negotiate for You