Know About Levy of Property Tax
Property Tax Information
- Please see Chapter VIII (Taxation) and more specifically see Sections 118 (1)(a)(i) and 121 of the Puducherry Municipalities Act, 1973.
- The Pondicherry Municipality (Assessment of Annual Rental Value of Buildings) Rules, 2000.
Annual Rental value of the building
15% (Fifteen percent) (To be deducted from the Gross Annual Rental Value)
9% (Nine Percent) on the Net Annual Rental value of the building
- Location of the building;
- Type of Construction;
- Usage of building i.e., Own use – Residence, Rented-Residence, Commercial
Matrix showing the unit rates of Gross Annual Rental Value of Building
Classification of Roads / Streets for the Purpose of Location of Building
Method of Assessment of Property
Every building shall be assessed together which its site and other adjacent premises occupied as an appurtenance thereto.
Self Assessment of Tax
Model Calculation of Tax
Model: (1)
| Location | Location of the building | MAIN ROAD / STREET |
| Construction | Type of Construction | Reinforced Cement Concrete (RCC) |
| Usage | Usage | Residential |
| Rate | Unit Rate of Gross Annual Rental Value (As on Matrix) | Rs.__________ per Sq.Feet. |
| Area | Total Area of the building | Sq. Feet |
| Rental value | Gross Annual Rental value of the building | ........................ Sq.ft. X Rs. |
| Allowance | Allowance for repairs (15%) | Rs.(Gross Annual Rental Value) X 15% / 100 |
| Net value | Net Annual Rental Value | Gross Annual Rental Value (Rs.) (-) Deduct Allowance for Repairs (Rs.) |
| Tax per year | Tax per year | (Net Annual Rental Value) X (Rate of Tax) |
| NARV X 9% = Rs. | ||
Model: (2)
| Location of the building | MAIN ROAD / STREET | |
| Type of Construction | Reinforced Cement Concrete (RCC) | |
| Usage | Commercial / Industrial | |
| Unit Rate of Gross Annual Rental Value (As on Matrix) | Rs.__________ per Sq.Feet. | |
| Total Area of the building | Sq. Feet | |
| Gross Annual Rental value of the building | ........................ Sq.ft. X Rs. | |
| Allowance for repairs (15%) | Rs.(Gross Annual Rental Value) X 15% / 100 | |
| Net Annual Rental Value | Gross Annual Rental Value (Rs.) (-) Deduct Allowance for Repairs (Rs.) | |
| Tax per year | (Net Annual Rental Value) X (Rate of Tax) | |
| NARV X 9% = Rs. | ||
Model: (3)
| Location of the building | SECONDARY ROAD / STREET | |
| Type of Construction | Reinforced Cement Concrete (RCC) | |
| Usage | Residential | |
| Unit Rate of Gross Annual Rental Value (As on Matrix) | Rs.__________ per Sq.Feet. | |
| Total Area of the building | Sq. Feet | |
| Gross Annual Rental value of the building | ........................ Sq.ft. X Rs. | |
| Allowance for repairs (15%) | Rs.(Gross Annual Rental Value) X 15% / 100 | |
| Net Annual Rental Value | Gross Annual Rental Value (Rs.) (-) Deduct Allowance for Repairs (Rs.) | |
| Tax per year | (Net Annual Rental Value) X (Rate of Tax) | |
| NARV X 9% = Rs. | ||