Property tax is charged at the rate of 15% of the Annual rental value of the property.

Assessment Formula for Property Tax as per Direction of ML&C dept.

Cost of land + Cost of construction   =  ARV

                          20

ARV* 15 % = Property Tax per annum

Rebate in payment of Property Tax

• 5 % Rebate is allowed on payment of full amount of property tax for the current year on or before 30th september
• 10 % Rebate is allowed on payment of full amount of property tax for the current year on or before 30th June
• No Fine / Composition is charged on account of property tax in case of non payment

Exemption from property tax

• 100% exemption is allowed to government retired employees and their spouses.(100% exemption form is attached)
• 60% exemption is allowed to government employees and their spouses.(60% exemption form is attached)