Amendment status not verified — confirm the current text below against the official source.
REVISION AND TIME OF PAYMENT OF PROPERTY TAX.— Subject to the rules made by Government the property tax shall be assessed and the half-yearly tax determined 58[once in every four years] and the half-yearly tax shall be payable by the owner of the assessed property within thirty days of the commencement of each half-year: Provided that except in the case of substantial improvements or addition to an existing building since the last assessment, the annual value of any building shall not exceed the limit, if any, fixed by the Government from time to time.