How to pay Thane Municipal Corporation Property Tax online? The information required to pay property tax to TMC is as follows: Information required to pay Thane municipal corporation property tax The property tax rate in Thane is calculated separately for each zone and all other levies are added to it before arriving at the final tax rate. The age factor is referred to as the age of the property, usage factor is based on commercial or residential usage, and floor factor is the number of floors your property has. Property tax = Tax rate x Total carpet area/area of land if the land is vacant x type of building x age factor x usage factor x floor factor Thane Municipal Corporation Property Tax Calculation Formula ![]() I am going to give you the formula of Thane municipal corporation property tax calculation and explain the process to pay the property tax online. ![]() The property tax calculation is based on a capital value based system. Thane Municipal Corporation property tax payment amount can be calculated using a simple formula.
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