Revised property tax system of PBMC to come into effect today

Port Blair
31 Mar 2017

The revised method of Property Tax will be implemented by the Port Blair Municipal Council from April 1, 2017. The revised taxation method is better than the earlier system as it is transparent, fair, citizen friendly and professional way of assessment, simple to understand and need not to visit PBMC office, self-assessment and ease of payment, no discretion with the Assessing Authorities. There is no scope of discrepancy, good data base and information systems to enable better tax planning and policy making and such system is widely implemented in most of the Municipalities of the country
The eligible persons can avail only one of the discounts at a time viz, 25% discount in case of the Residential Property recorded exclusively in the name of widow as per the Revenue Records. 25% discount in case of the Residential Property recorded exclusively in the name of handicapped person as per the certificate issued by the Social Welfare Department and 10% discount in case of the Residential Property recorded exclusively in the name of a female as per the Revenue Records.
Till June 30, 2017, a special rebate of 10% is also allowed for early payment. Expecting heavy rush for payment of Property Tax, the AXIS Bank branches at Middle Point and Bathu Basti have also been authorized to collect payment of Property Tax and self-assessment form, said the Secretary, Municipal Council, Mr Yashpal Garg, in a release.