BBMP Property Tax Calculator for all Categories

This new BBMP property tax calculator gives a quick and clear estimate for property owners towards their annual property tax liability based on current official rules. Let’s check now.

BBMP Property Tax Calculator

Disclaimer:This calculator tool is for basic informational purposes only and does not replace the official BBMP tax demand or receipt. Always verify with the official BBMP portal bbmptax.karnataka.gov.in or municipal office for final amounts and notifications.

Formula Used in the BBMP Property Tax Calculator (as per the official notification)

The calculator uses the Unit Area Value (UAV) method as prescribed by BBMP property tax calculation method and applicable for Residential, Commercial and Vacant land types. The process and formula to calculate BBMP property tax payment are as follows:

1. Unit Area Value (UAV): Based on property type (residential/non-residential/vacant land), occupancy (self/rented), and zone (A-F), a monthly rate per sq.ft is selected.

2. Gross Annual Value (GAV): Area (sq.ft) * UAV (Rs./sq.ft/month) * 10

The “10” represents 10 months, as per BBMP rules (2 months are considered as vacancy allowance).

3. Depreciation: For built-up properties (not vacant land), 3% depreciation is allowed:

Depreciation = GAV *0.03
Net Annual Value (NAV) = GAV − Depreciation
For vacant land, depreciation is not applied.

4. Property Tax (Base Tax):

For residential (self-occupied/rented): 20% of NAV
For non-residential: 25% of NAV

Base Tax = NAV * Tax Rate

5. Cess: 24% of base tax

Cess = Base Tax * 0.24

6. Early Payment Rebate:

If paid within the rebate period, a 5% rebate is applied on base tax + cess.

7. Final Tax Payable: Total Tax = (Base Tax + Cess) * 0.95 (if rebate applies) or Total Tax = Base Tax + Cess

Uses of this Calculator

Transparency: Helps users understand the breakup of their tax about, how much is due to the base tax, cess, and how rebates affect the total.
Planning: Assists in financial planning for property owners (residential, commercial, or vacant land).
Awareness: Increases awareness of the official calculation method and encourages timely payment to avail rebates.
Education: Useful for new property owners, tenants, real estate professionals, and students to learn how BBMP property tax is computed as per official notification.