Port Blair, Mar31: Revised method of Property Tax has been implemented by Port Blair Municipal Council w.e.f. 01.04.2017.This system being transparent, fair, citizen friendly and professional way of assessment is better than the earlier system. It is now simple to understand and need not to visit office of the PBMC, 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, Widely implemented system in most of the Municipalities of the Country is better than the earlier system because of being, the eligible persons can avail discounts at a time like, 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, 10% discount in case of the Residential Property recorded exclusively in the name of a female as per the Revenue Records.
Till 30.06.2017, a special rebate of 10% is also allowed for early payment. Expecting heavy rushfor 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.
