How To Pay Mumbai's MCGM Property Tax Online?
PropertyownersinMumbaiarerequiredtopaytheMunicipalCorporationof GreaterMumbaiarecurrentannualcostknownaspropertytax(MCGM).Payments canbemadeofflineoronline,andtheamountdiffersdependingonthearea.The MumbaiMCGMpropertytaxiscollectedbytheBrihanmumbaiMunicipal Corporation(BMC).
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Propertytaxesareyearlypaymentsmadetothelocalcivicorganisationtosupport theupkeepofpublicassets.TheMunicipalCorporationofGreaterMumbai(MCGM), alsoknownastheBrihanmumbaiMunicipalCorporation(BMC),isinchargeof maintainingpublicfacilitiesandcollectingpropertytaxesinMumbai.Itisalsothe wealthiestmunicipalcorporationinthenation,withMCGMpropertytaxes accountingforalmost20%ofthecivicbody'sannualearnings.
TheThaneMahanagarPalikaisinchargeofcollectingtaxesinThane,whereasthe NaviMumbaiMunicipalCorporation(NMMC)hasbeenentrustedbytheState governmentwithcollectingtaxesinNaviMumbai.Continuereadingtolearnhowto paytheMCGMpropertytax.
How are property taxes computed by BMC?
TheBombayMunicipalCorporation,orBMC,usesacapitalvalue-basedsystemto calculatepropertytax.Inessence,thepropertytaxiscalculatedasapercentageof theunit'scapitalvalue.Thecivicbodytakesintoaccountvariablessuchaward, zone,locality,propertyusage,kindofoccupancy,carpetarea,propertyage,&floor typewhencalculatingthetax.
How can I pay Mumbai's MCGM property tax?
Mumbai'scivicorganisationpermitspropertyownerstopaytheirpropertytaxes bothofflineandonline.
Thisisastep-by-steptutorialforpayingBMCpropertytaxesforinternetusers:
VisittheofficialwebsitetopayyourBMCpropertytaxes.
Movethemousepointeroverthetopmenutab's'ForCitizens'option.
Lookforthe"Pay"optioninthebottom-rightcornerofthelistofoptionsby scrollingdown.
Instead,godowntheMCGMwebsiteandselect"PropertyTax(New)"from the"Popular"areaontheleft-sideofthepage.
Whenyouselect"PropertyTax"fromthesectionlabelled"Pay,"thewebsite willtakeyoutoadifferentpage.
Removethescreen'spointlesspop-ups.
'PropertyAccountNumber'shouldbeentered.Onpriorpropertytaxreceipts, thispropertyaccountnumberisprinted.
Afterthat,filloutthecaptcha&click"Login."
IfyoudonothavethePropertyAccountNumber,choose"Search"fromthe menuthatappearsafter"Login"and"KYCNon-Reg.User."
Tofindthenumber,usethepropertyinformation,suchastheWard,Billing Name,&BillingAddress,ortheassociatedmobilenumber.
Also,thewebsiteenablesonlineBMCpropertytaxcalculation.
Ifyouhaven'tpreviously,you'llneedtoenteryourKnowYourCustomer (KYC)informationafterloggingin.
Choose"Makepayment"afterprovidingthepropertyaccountnumber.
ProvidethenecessarybankinformationtopaytheMCGMpropertytax balance.
Chooseapaymentoptiontofinishthetransaction.
Payment of MCGM property taxes: offline procedure
Inordertopaythepropertytax,anownerwhochoosestheofflinepaymentoption mustgototheclosestAssistantRevenueOffice,BMCcentre,orcitizenfacilitation centreatanyofthewardoffices.
Mumbai's MCGM property tax exemption
Residentialpropertiesunder500squarefeetareexcusedfrompayingproperty taxesbyBMC.A60percentreductioninthetotalcomputedpropertytaxisoffered forapartmentsthatarebetween500and700squarefeetinsize.Thisonlyapplies tohomeslocatedinsidetheboundariesofMumbai'smunicipalarea.
MCGM property tax penalties and late payments
ThepropertytaxinMumbaimustbepaidbyJune30ofeachyear.Apenaltyof2% permonthisappliedtotheoutstandingtaxamountifanypropertyownerfailsto paypropertytaxwithinthistimeframe.
Mumbai Navi
Similartothis,youmustsignintotheNaviMumbaiMunicipalCorporation'sofficial websiteifyouneedtopaypropertytaxesinNaviMumbai(NMMC).The'Property Code'isrequiredwhenmakingapaymentbyresidents.
Propertyownersinthecityarenolongerrequiredtophysicallyattendcentressince theBMCismakingtheonlinepropertytaxprocesseasierandmoreseamless.People cannowpayfromtheconvenienceoftheirownhome,butitisadvisedtocarefully followtheinstructionsateachstagetopreventanyerrors.
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