Property Tax Calculator
Estimate your annual municipal property tax with live sliders & breakdown.
Base Tax = Taxable × Rate Cess = Base Tax × Cess% Rebate = (Base Tax + Cess) × Rebate%
Total = Base Tax + Cess + Fixed − Rebate
What is it & why use it?
Easily calculate annual property tax based on property value, location, and municipal tax rates using our Property Tax Calculator. This tool on Calci.in helps homeowners and buyers estimate recurring costs of owning property.
Formula (explained)
Property Tax = Annual Value × Tax Rate
(Annual Value depends on property size, location, and usage)
Variables: Annual Value = property’s assessed value, Tax Rate = as per local municipal body.
Example calculation
Annual Value ₹10,00,000, Tax Rate 10% → Property Tax = ₹1,00,000.
Benefits & use cases
Estimate yearly property tax
Plan real estate expenses
Useful for property owners and buyers
Related calculators on Calci.in
Mortgage Calculator
Stamp Duty Calculator ()
EMI Calculator
External references (authority sources)
India.gov – Property Tax
Investopedia – Property Tax
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FAQs
Q1: What is property tax?
A: It is a tax levied by local municipal bodies on property owners.
Q2: How is property value decided?
A: Based on size, location, usage (residential/commercial), and rental value.
Q3: Is property tax same everywhere?
A: No, rates vary by city and municipality.
Q4: Can I get tax benefits?
A: Yes, property tax receipts are often used for income tax deductions.