Property Tax Calculator Punjab (Annual Excise Tax)

Punjab's annual property tax is now 0.07% to 0.09% of the taxable value of the land and building, taken from the district valuation table (the DC rates). A house valued at Rs 5 million or less pays nothing. A 10 marla house valued at Rs 11,375,000 pays Rs 9,100 a year at 0.08%.

Enter the plot and covered area with the land and building rates from your district's valuation table, or type the taxable value shown on your self-assessment or notice. This is the yearly Excise tax on owning property. The taxes paid when you buy or sell are in the property transfer tax calculator.

Property tax rate in Punjab 2026-27

The Schedule to the Punjab Urban Immovable Property Tax Act 1958, added by the Punjab Finance Act 2024 and applied from 1 January 2025. The Schedule gives one rate for each value band, charged on the full taxable value.

Residential means a building or land used only as a home. A shop, office or other commercial property has no value exemption, so it pays 0.07% from the first rupee. The Government can change the Schedule by notification under section 23-A, so check the rate on your notice if it differs.

How to calculate property tax in Punjab, step by step

Section 5 of the Act takes the taxable value from the valuation table notified under the Stamp Act 1899. Each district has its own table, with a land rate for every locality and a rate for constructed property.

Example: a 10 marla house with 2,250 sq ft built over two floors. Suppose the table gives Rs 800,000 a marla for the locality and Rs 1,500 a sq ft for the building. These rates are only for the example; use the ones for your own area.

If you already have a self-assessment or a notice under the new system, choose "I know the taxable value" and type the value printed on it.

Property tax at common values

Yearly tax worked out by the calculator from the Schedule, before any rebate.

Notice the step at each band limit. A house valued at Rs 5,000,000 pays nothing, while one valued just above it pays Rs 3,500 because the 0.07% applies to the whole value.

Five marla houses and other exemptions

The old exemption for any house of up to five marla was removed by the Punjab Finance Act 2024. Exemption now depends on value. A residential property with a taxable value of Rs 5 million or less pays nothing, whatever its size.

Take a five marla house with 1,200 sq ft built at Rs 1,500 a sq ft. Where land is Rs 600,000 a marla, the taxable value is Rs 4,800,000, so it is exempt. Where land is Rs 900,000 a marla, the value is Rs 6,300,000 and the tax is Rs 4,410 a year.

These exemptions in section 4 still apply:

• one house of up to one kanal owned and lived in by a retired servant of the Federal or a Provincial Government (not of a government-controlled body)
• one self-occupied house of up to five marla in a notified katchi abadi
• property of a widow, a disabled person or a minor orphan, up to the limit in the Act; ask the Excise office to apply it and check that your notice shows it
• government buildings, mosques and other places of worship, charitable hospitals and orphanages, public parks and libraries, and government schools and hostels

Use marla to square feet if your plot is measured in feet.

If you paid property tax before 2025

The Schedule protects the old tax. If the new rate gives less than the tax payable on and before 31 December 2024, you pay the old amount with the uplift below until the new figure is equal or higher.

Example: a house in the Rs 10 to 25 million band had an old tax of Rs 12,000. The new rate gives Rs 9,100, which is lower, so the bill is Rs 12,000 plus 10%, or Rs 13,200. The calculator shows the new rate only. Compare it with the amount on your PT-1 notice.

Rented, owner-occupied and commercial property

Before 2025 the tax was 5% of an annual rental value, and a let property was assessed on its rent. That system ended on 1 January 2025, together with the rule that raised the value of owner-occupied houses by 25%. A rented house now pays the same tax as the same house lived in by its owner.

Rent still matters for income tax. A landlord pays income tax on rent received; see the rental income tax calculator.

Shops, offices and other commercial property pay 0.07% up to Rs 10 million, then 0.08% and 0.09%. A shop valued at Rs 4,000,000 pays Rs 2,800 a year.

Paying the tax, rebate and late surcharge

• Rebate: 5% of the year's tax if the whole amount is paid in one go on or before 30 September (section 3(5)).
• E-pay only: from 2026-27 the Punjab Finance Act 2026 requires payment through the e-pay system, using the reference on your notice.
• Late surcharge: from 2026-27 it is added each quarter, on 1 October, 1 January, 1 April and 1 July, on tax still unpaid at the end of the previous quarter. Your notice shows the amount due.
• Self-assessment: under section 6-A you can assess your own property online. If an audit finds the value was understated, you pay the correct tax plus a penalty equal to the tax evaded. The Excise department has also announced a discount for owners who file a self-assessment; the bill shows it where it applies.

Punjab property tax questions