Basis of Property Tax Calculation

Calculation of Property Tax:

1. Annual Rental Value (ARV) Calculation for Triennial Revision

Annual Rental Value ( ARV ) of the property is assessed every three years by increasing the value by some percentage over the last assessment.

For the current period of 2019-22. The increase in ARV was 3-15% .

2. Property Tax = House Tax ( 12.5% of A.R.V )  + Water Tax ( 12.5%  of A.R.V )