Property Tax
Description :
The Property Tax service provides a digital interface, allowing citizen to search and download property bill, make the payment online and download the payment receipt.
Steps involved :
- 1. Login to the system using Mobile number and OTP
- 2. Search for required property using Search property
- 3. Download the bill
- 4. Pay the property tax using portal or PT bill payment link received through SMS and Email
- 5. Download the receipt
Facilities Available :
- 1. Status update through SMS and Email
- 2. Download & Print the PT Bill and Receipts.
Basis of calculation of property tax :
Calculation of Property Tax
For Triennial Revision of Assessment
- Previous Annual Rental Value increased by 10% to 25% = Annual Rental Value (ARV)
ARV x 23.5% = Property Tax per year
23.5 % is the cumulative tax percentage of House Tax (13.5%) and Water Tax (10%)
- Monthly Rent x 10 = Annual Rental Value (ARV)
(Converting monthly Rent to Annual Value by taking 10 months instead of 12 as common value)
ARV x 23.5% = Property Tax per year
23.5 % is the cumulative tax percentage of House Tax (13.5%) and Water Tax (10%)
- New constructed building
(Building Value + Land Value)/20 = Annual Rental Value (ARV)
ARV x 23.5% = Property Tax per year
23.5 % is the cumulative tax percentage of House Tax (13.5%) and Water Tax (10%)
