Property Tax Calculator
Calculate your annual property tax from assessed value and tax rate.
Assumptions used in this calculation
- Flat rate applied: Applies a single flat rate to the full assessed value, it doesn't model tiered/slab rates, homestead exemptions, or rebates that many municipalities offer.
- Static assessed value: Assumes the assessed value stays constant, real assessments are periodically revised by local authorities and can rise between cycles.
About this calculator
The property tax calculator estimates annual (and monthly-equivalent) property tax from the assessed or market value of a property and the applicable local tax rate.
Worked example
₹50,00,000 assessed value at 0.5%
Result: Annual property tax = ₹25,000
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