Basis of property tax calculation

1. Formula for calculation of ARV as below :

    ARV = Built up area * STR rates * Usage factor(Residential / Commercial) * Age factor

2. Calculation of Property tax as per S.R.O. 202 dated 04-08-1962

             Annual letting value of Property                              Rate

             Rs. 1/-  to Rs. 200/-                                                     6%

             Rs. 201/- to Rs. 1000/-                                             9.5%

             Rs. 1001/- and above                                                 13%

3. Calculation of Water tax as per S.R.O. 21 dated 08-01-1958

               8% per annual on annual letting value of buildings.

4. Calculation of Street light tax as per S.R.O. 483 dated 01-12-1951

               3% per annual on annual letting value of buildings.

5. Calculation of Conservancy tax as per S.R.O. 565 dated 01-04-1950

  •     Rs.3/- use of public toilet in sadar bazar area
  •     Rs.18/- if latrine existing in building(in sadar bazar area)
  •     Rs.72/- if latrine existing in building(in bungalow area)
  •     Rates are annual