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Thane property tax: Complete guide on Thane Municipal Corporation property tax

[ecis2016.org] Here is your detailed guide to paying the property tax Thane

Home owners in Thane have to pay the Thane property tax to the Thane Municipal Corporation (TMC) twice a year – by April 1 and October 1 – under the provisions of the Maharashtra Municipal Corporation Act. This is a complete guide on Thane Municipal Corporation Property Tax payment and other details.

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Thane property tax payment online

Paying Thane property tax has been made simple and tax payers can use the official portal of the Thane Municipal Corporation (www.thanecity.gov.in) to pay the duty online. To visit the property tax payment page directly on the website, visit https://propertytax.thanecity.gov.in/. The website is available in Marathi and English.

Property tax Thane

Search for your property with property number or owner name. Select one of the two options to proceed with the Thane Municipal Corporation property tax payment online. Note that to be able to pay your property tax online in Thane, you need to register yourself on the TMC’s website.

To register on the portal, provide the details and documents as shown in the image below.

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Thane property tax

Once the registration is complete, you will see the property tax amount on your screen. Now, you can proceed with the payment of your Thane property tax.

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Thane Municipal Corporation property tax online payment options

To pay Thane Municipal Corporation property tax online, you will have to choose among payment options like internet banking, debit cards, credit cards or UPI.

Thane property tax payment offline

You will have to visit the Thane Municipal Corporation (TMC) branch office to pay your property tax offline. You can make the payment either in cash or via a cheque.

Details required to pay Thane property tax

  • Property zone
  • Property ward number
  • Colony name
  • Property type
  • Property ID
  • Owner name

Penalty on delay in Thane property tax 

Under the government of Maharashtra Gazette Extraordinary Part Four No. 14-27 April 2010 and the Maharashtra Municipal Corporation Act, property owners in Thane are liable to pay 2% of such tax for each month or part thereof after the last date on which the tax was due, as penalty for delay. The tax payer will continue to be responsible for paying such a penalty until the full amount is paid. Failure to pay the property tax on time (within 90 days) will increase the penalty interest and the tax payer will be liable for other legal actions.

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In case you have to pay a penalty for late payment of your property tax in Thane, the TMC will first deduct the recovery expenses at the time of the payment. After this, the outstanding bills will be collected.

As a last resort, the TMC can seize the properties, if its owners fail to pay their property tax for a delayed period. In 2020, for example, the TMC sealed a total of 4,312 properties for non- payment of property tax.

Thane property tax discount for early payment

For early birds, the Thane Municipal Corporation offers rebates in the range of 2%-3% of their outstanding amount.

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Thane property tax news update

May 12, 2022: In a major relief to property owners in Thane, the Maharashtra government, in May 2022, has offered them a waiver of 31% the property tax for flats up to an area of 500 sq ft in the Thane Municipal Corporation limits.

This waiver pertains to the ‘general tax component’ in the overall property tax calculation. Under the TMC tax system, all residents have to pay 92% of the total tax amount calculated under 12 different tax categories. Out of this 92%, around 31% is general tax. The remaining component includes solid waste tax, tree tax, state government cess and water tax, etc.

FAQs

How to calculate property tax in Thane?

You can calculate the property tax Thane payable, by visiting the url https://myptax.thanecity.gov.in/FrmTaxCalcLogin.aspx

How to change name in property tax Thane?

To change the name in the property tax Thane records, one will have to fill an application form and also submit proofs such as last paid property tax receipt, proof of ownership such as copy of the sale deed and an NOC from the housing society.

Source: https://ecis2016.org/.
Copyright belongs to: ecis2016.org

Source: https://ecis2016.org
Category: Lifestyle

Debora Berti

Università degli Studi di Firenze, IT

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