Property Tax Calculator
Estimate the annual property tax on your home or investment property.
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Current market value of the property
Common questions
How is property tax calculated in Indian cities?
Indian municipal corporations use different methods: Annual Rental Value (ARV) method (most common), Unit Area Value (UAV) system, or Capital Value system. The tax is calculated on a deemed annual rental value, typically 0.1–0.5% of market value. Delhi, Bengaluru, Mumbai, and Chennai each have their own online calculators.
Is property tax deductible in India?
For rental property: property tax paid is deductible from gross annual value before computing "Income from House Property." For self-occupied property: property tax is not deductible against income, but it's a legitimate ownership cost.
What is US property tax?
US property taxes are levied by local governments (county, city, school district). Rates vary enormously: New Jersey 2%+, Texas 1.5–2.5%, California ~1.1% (with Proposition 13 limiting increases), Hawaii <0.3%. The tax is based on assessed value, which may differ from market value.
What is Stamp Duty Land Tax (SDLT) in the UK?
SDLT is the UK's equivalent of stamp duty: 0% up to £250,000, 5% £250,001–925,000, 10% £925,001–1.5 million, 12% above £1.5 million (2024 rates). Additional properties add a 3% surcharge. First-time buyers get relief up to £425,000.
How often is property tax assessed and paid?
India: typically annual or semi-annual. US: quarterly or annual depending on jurisdiction. UK: Council Tax is paid monthly over 10 months. Always pay on time — late property tax payments can result in liens on the property, which can complicate future sale or refinancing.