The document provides information about paying property tax to the Thane Municipal Corporation (TMC) in India. It discusses how TMC property tax is calculated based on factors like location, area, building type, market value, and age. It also outlines the process for paying TMC property tax online or in person, and notes that late payments result in penalty interest. The document lists information needed to pay the tax and steps to download receipts. It discusses some categories of property owners that may be eligible for tax breaks.

1. How To Pay Thane Municipal Corporation Tax
(TMC Property Tax)
All real estate in the city is subject to a direct tax levied by the Municipal
Corporation Thane known as the Thane Property Tax or TMC Property Tax. The
property tax is annually collected by Thane's Municipal Corporation. It is one of the
primary sources of income for the Municipal Corporation of Thane. Let's examine in
this blog how the TMC property tax bill is calculated and how it can be paid.
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Tax on Thane Municipal Corporation: Recent Changes
Thane Civic Body attributes the low AQI to the construction work.
April 2023: In order to guarantee enhanced air quality in the city and surrounding
areas, the Thane Municipal Corporation has specified requirements for these
projects. The Thane Municipal Corporation has blamed the area's poor air quality on
the continuing real estate developments, including road and metro construction
sites.

2. Anyone found to be in breach of these restrictions faces fines from Rs 5,000 to Rs
25,000, according to the company. The business made the news during a gathering
with representatives of the real estate industry, owners of RMC plants, and
contractors for roads and metro systems.
Anyone found to be in breach of these restrictions faces fines from Rs 5,000 to Rs
25,000, according to the company. The business made the news during a gathering
with representatives of the real estate industry, owners of RMC plants, and
contractors for roads and metro systems.
Things That Affect TMC Property Tax
There is a property tax in every city, including Thane City. The amount of the TMC
property tax varies depending on a number of variables, some of which are stated
below:
Location: Your TMC property tax may be higher if the home you buy or rent is in a
wealthy neighbourhood than it would be for a home in a more remote or affordable
neighbourhood.
Area: Property taxes in Thane are prorated based on the size of your property.
Building type: Thane's property tax rates are determined by the property's
intended use. There are several tax rates for residential, commercial, institutional, &
industrial properties.
Market Value: This is a crucial component in determining property taxes. The
government uses data and forecasted values to estimate a location's market value.
Age of the property: If your property was recently constructed, your TMC property
tax cost will be greater; if it was built in the past, your property tax bill will be lower.
Property Tax Calculator TMC
The current TMC property tax rate is 38.67%. A simple calculation can be used to
determine the TMC property tax. As previously stated, a number of variables,
including location, size, and so on, are used to determine property tax.
For Thane Municipal Corporation, the property tax calculation process is as follows:

3. Tax rate x total carpet area/land area x type x age x usage x floor factor are the
factors used to determine property tax. For specific Thane zones, the property tax
rate is established independently. The total tax rate is then calculated by adding the
property tax rate to all other taxes.
Property tax fine and refund for Thane
Property owners in Thane will be required to pay an additional 2% in interest each
month for the failure to pay the tax on time. The taxpayer will be required to pay the
penalty each month until the full amount is paid. When the property tax in Thane is
not paid on time, which is within 90 days, the penalty interest levied increases, and
the taxpayer may face various legal measures. The government may even seize
property if owners don't pay their taxes.
When you pay your property taxes late and TMC then collects the unpaid TMC
property tax bills, TMC will also deduct the recovery costs.
The Thane Municipal Corporation provides early taxpayers with reimbursements
that range from 2% to 3% of their outstanding balance.
Information Needed to Pay TMC Property Tax
The details you require to pay your TMC property tax are listed below.
 Name of the property owner
 Property type
 Zone or property area
 Property ID
 Location information for the property
 Building ward number

4. How to Pay Thane's TMC Property Tax Online?
Following are the steps for swiftly paying the TMC property tax online using the
TMC's official website:
Step 1: Create an account on the TMC website and log in to pay your annual
property tax bill at https://propertytax.thanecity.gov.in/.
Step 2: Decide whether to read the page in Marathi or English.
Step 3: Type the property information, including the name and address, into the
home screen.
Step 4: Click Search to see the required payment amount. To make the payment, you
can use credit, debit, or online banking.
Step 5: After a successful payment, a receipt will be generated for future use.
How to Download Thane Property Tax Bill Receipts?
Homeowners must download the payment receipts after making their TMC property
tax payment online.
The actions to take are shown below to obtain online receipts for Thane Municipal
Corporation property tax payments:
Step 1: View the receipt once the transaction has been properly completed.
Step 2: To access the TMC property tax payment receipt, click the download link in
the top right corner of the website.
Online TMC Property Tax Payment
The standard manner of paying TMC property tax is also an option.
Step 1: Go to a branch office or a city-based tax collection facility of Thane Municipal
Corporation (TMC).
Step 2: You will be prompted for information about the property, including the ID,
name, & address.
Step 3: Request a payment receipt after making the payment with cash, a credit or
debit card, or both.

5. Tax breaks for TMC properties
There are some categories of property owners who may be eligible for specific tax
reductions. These laws, however, vary between localities and between states. The
following groups of property owners are frequently qualified for property tax
breaks. Check to discover if you fit into one of the following categories before paying
your TMC property tax bill:
 Property owners with disabilities.
 Senior citizens as property owners.
 Educational institutions.
 Agricultural institutions.
 Property owners formerly employed in the Army, or the Navy.
 Female property owners.
How to Online Name Change on TMC Property Tax Records?
To alter your name on TMC property tax records online, follow these simple steps.
Step 1: Go to the online portal for Thane Municipality.
Step 2: Locate the name change application form on the website & complete it with
the necessary information regarding property taxes.
Step 3: Include important documents like a receipt for your most recent property
tax payment and proof of ownership.
Step 4: To finish the TMC Property Tax name change procedure, proceed and
submit the form.

6. Contact information for TMC Property Tax Department
Here are the TMC property tax department's contact details so you may reach the
specialized helpdesk.
Call us at 9152818798.
Contact information: tmchelpdesk@ascentechindia.com
Conclusion: TMC Property Tax
The collection of property taxes in the city is a responsibility of TMC. In return,
citizens receive essential utilities including decent access to electricity, clean water,
& roads. The TMC launched the online TMC site to make paying property taxes
simple & hassle-free for all Thane residents. When it comes time to pay TMC
property taxes, this article will be quite helpful.
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