Basis of Calculation of Property Tax

Property Tax

     

 A. As per Under Section 73 (a) of Cantonments Act 2006: 

(Building Value + Land Value)/20 = Annual Rental Value (A.R.V)

Calculation of Property Tax

(i) House Tax- 10% of ARV

(ii) Water Tax- 12.5% of ARV

(iii) Conservancy Tax- 10% of ARV

 

B. As per Under Section 73 (b) of Cantonments Act 2006:

ARV/ALV is fixed on historic method by increasing in the existing ARV/ALV minimum @

A. For residential properties – 10-15%

B. For Commercial properties – 15-30%

Calculation of Property Tax

(i) House Tax- 10% of ARV

(ii) Water Tax- 12.5% of ARV

(iii) Conservancy Tax- 10% of ARV