How to use the Property Tax Calculator

How to use the Property Tax Calculator

The Punjab Excise & Taxation Department provides a convenient online Property Tax Calculator that lets you find the tax liability for your property quickly and easily. What follows is a step-by-step guide to using the Property Tax Calculator.

Before visiting the site, you'll need to gather some basic information about your property:
1. Total land area in square yards;
2. For any buildings,

• Type (what a building is used for),
• Area in square feet,
• Whether rented or owner-occupied, and
• Year of construction;

3. Residential and/or commercial assessment categories of your locality (although you can find these on the site if you don't know them); and
4. Whether your property is on a main road or off road (roads at least 30 feet wide are considered main roads).

Once you've assembled this information, you're ready to visit the Property Tax Calculator. It seems to work best with Google's Chrome browser.

Suppose you have a property with a total area of 210 square yards, situated on a main road. It has buildings, constructed in 2001, consisting of two rented shops of 120 square feet each, one rented house on the ground floor measuring 1080 square feet, and an 810 square foot owner-occupied residential portion on the first floor. The locality is Category A for both commercial and residential properties.

Go to the Property Tax Calculator and proceed as follows:

1. Find Occupier's Information at the upper left of the screen. This is where you can enter information about the buildings on your property.
2. The first information to be entered is about "portions". A portion is a part of a floor. In our example, the ground floor has two portions: shops and a house. Select "G" for ground floor and then "1".
3. After selecting "shop" for type of building use, entering "120" for covered area in square feet, and choosing "rented" under self or rented, click the add button at the right. You should see the details of the shop displayed below the area where you have entered the information.
4. Follow the same procedure for the other building portions, increasing the number for additional portions on the same floor – you should use "G2" for the second shop and "G3" for the rented house. For the owner-occupied first-floor house, use "F1".
5. When you've entered all the building information, look below for the section entitled Information Required for Calculations of GARV. Enter "210" for total land area of property (total covered area has been calculated for you) and "2001" for year of construction.
6. Since you know that your locality is Category A, you can click the circles next to A. Also click the one for main road. (If you don't know your category, you can click the green text to find it.)
7. Then click the button to calculate your tax, which in this example should come to Rs 24,526. The amount will be displayed in a pop-up window, and you'll be given the option to view the detailed calculations if you wish.

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Property Tax Calculator