Property tax is charged at the rate of 12% of the Annual rental value of the property.
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)
- 100% exemption is allowed to widow under section 100.