MCGM Property Tax Payment Guide – Owners of residential properties in Mumbai are liable to pay House Tax to the Municipal Corporation of Greater Mumbai (MCGM) or Brihanmumbai Municipal Corporation every year. The municipal uses the funds collected as Property Tax to provide critical civic facilities and services.
The Municipal Corporation of Greater Mumbai commonly known as the Bombay Municipal Corporation (BMC) has simplified the assessment and collection of Property Tax processes more transparently. It empowered the MCGM to limit the increase and decrease in House Tax to a certain extent and enable self-assessment of one’s Property Tax.
Municipal Corporation of Greater Mumbai
The MCGM (Municipal Corporation of Greater Mumbai) is one of the famous Corporations in Maharashtra State. In this article, you can learn how to Pay all Municipal Corporation taxes. Besides, The types of tax are Property Tax, House Tax, Water Bill, Parking Tax, etc.
|Property Tax/House Tax Summary||MCGM Content|
|Name of Municipal Corporation||Municipal Corporation of Greater Mumbai|
|Short Name||MCGM is also known as BMC|
|Area Square Kilometers||603|
|Name of the State||Maharashtra|
|Contact No. of MCGM||Phone : 022-22665233, 22662440 and Email : collector.mumbaicity[at]maharashtra[dot]gov[dot]in|
The population of Mumbai city is 2,01,85,064 people, and all people need to leave their life conveniently. Therefore, they have to pay taxes every year because the government will charge extra money after the last date and the due date.
MCGM Property Tax
The online and offline facilities are Subsequently available for the people of Mumbai. But we are recommended you make the payment of all types of taxes online, if available. We are also providing the straightforward step to pay online.
The area of the Municipal Corporation of Greater Mumbai is about 603 square kilometers. Which massive area in Maharashtra State. However, you can use the following step to pay your House Tax online.
MCGM Tax Calculator
The Bombay Municipal Corporation (BMC) online property tax calculator link has been shared on this page. Using the link, Taxpayers can calculate their tax online. However, you can read here about how the Municipal Corporation of Greater Mumbai corporation calculates House Tax. Usually, the interest rate on property tax varies between 5% and 20%.
Some states also don’t charge any additional late payment fees. To know the property rate or interest rate on the late payment, you must contact MCGM officials. The contact details of the Municipal Corporation of Greater Mumbai have been shared on the official website.
A property tax is not unified across the whole nation, and thus, it varies across different locations, cities, and states. Thereby, other tax collecting bodies have varying ways to determine the House Tax. However, a general guideline regarding the calculation of a Municipal Corporation of Greater Mumbai property tax is based on the following formula.
MCGM Property tax/House Tax Formula
MCGM Property tax = built-up area × Age factor × base value × type of building × category of use × floor factor.
Thus, the Municipal Corporation of Greater Mumbai Property Tax calculation factors such as the base value of the land; occupancy factors, whether self-owned or rented; property type, whether residential or commercial; the age of the MCGM property or the year of construction; construction type, whether multi-floored or single floor, etc.
Based on these factors, one can calculate the Municipal Corporation of Greater Mumbai property tax he or she is bound to pay; using the MCGM House Tax online calculators available at the Municipal corporations’ online portal, taxpayers can calculate due tax.
mumbaicity.gov.in is the official Website of the Municipal Corporation of Greater Mumbai. The portal offers an online payment option to its users. By visiting mumbaicity.gov.in citizens can pay property tax, water bill, House Tax, Professional Tax, Water Bill, etc.
Municipal Corporation of Greater Mumbai Water Bill
Water is the necessity of life, and it is essential to pay Municipal Corporation of Greater Mumbai water tax before the due date. The MCGM water bill payment option is available on the official portal. Use the direct link which has given below to pay your due Water Bill online.
Water tax is one of the significant sources of revenue of MCGM after property tax. Therefore pay your water tax as soon as possible. By visiting the Municipal Corporation of Greater Mumbai’s official website, you can pay your Water Bill.
How to Make a payment online for the Property Tax of MCGM?
- In the first steps, you need to visit mumbaicity.gov.in.
- Then find and click on the Property Tax Online Payment link.
- Enter the required details, and make payment.
- As a result, You can choose any method such as UPI/Netbanking or NEFT/IMPS, available at that time.
- If you have any questions regarding MCGM Property Tax/House Tax, contact the official.
MCGM Property Tax FAQs
What is the complete form of MCGM?
The complete form of MCGM is Municipal Corporation of Greater Mumbai.
What is the total number of the population leave in Mumbai?
As per Wikipedia, there 2,01,85,064 people living in Mumbai city.
What is the name of the official website of MCGM?
The official website address is mumbaicity.gov.in for Municipal Corporation of Greater Mumbai.
How To Check MCGM Property Tax Payment Status?
The Municipal Corporation of Greater Mumbai property tax / House tax payment status can check on the official portal. To check the MCGM tax payment status, you must enter your property’s details on the website.
How to download the MCGM House Tax payment receipt?
When you pay your due Municipal Corporation of Greater Mumbai house tax, the official page will give you a receipt. The receipt of the MCGM property tax payment can download only from the official website.