property tax

All property owners in Bengaluru have to pay the property tax for the financial year 2022-23. The last date for doing so without penalty and interest is June 30th, while with penalty and interest, it can be paid at the convenience of the owner. BBMP offers a 5% rebate on property tax payment upto 30th April 2022. Given the challenges of growing circumstances, BBMP must extend the rebate period for one more month (upto May) as was done in earlier years. There are some issues in the system, BBMP must rectify all bugs and malfunctions in the tax payment portal…

Lockdown extended On Thursday, the Karnataka government announced extending the lockdown across the State by a week, from June 7 to June 14. This is in accordance with the Technical Advisory Committee's recommendation that the lockdown should be continued till the case positivity rate drops to 5%. The CPR presently is around 11%. On Thursday, Bengaluru Urban recorded 3,533 new cases of COVID, 7,672 discharges and 347 deaths. The State government also spelt out a second relief package of Rs 323 crore to give ASHA, Anganwadi workers, weavers, film and TV industry workers, Muzrai temple priests, Maulvis and fishermen Rs…

BBMP, Bengaluru's city government has never met its property tax targets in all these years. It wants to change that in 2021 - by revising the calculation, increasing the tax net, and verifying property data. In its yearly budget, Bruhat Bengaluru Mahanagara Palike (BBMP) fixed 2,800 crores as its property tax target for 2021-2022. This is lesser than the target of 3,500 cr. of last year, perhaps because BBMP was only able to meet 57% of that target (around 2000 cr.). The budget also proposed changing the tax calculation basis from the Unit Area Value System to Capital Value System.…

  BBMP plans property tax hike BBMP may hike property tax rates anywhere between 15 to 30 percent this financial year. This plan comes soon after a power tariff hike and a proposed water tariff hike in the city. S P Hemalatha, Chairperson of the BBMP Standing Committee on Taxation and Finance, said that the last property tax revision was three years back, in 2016. She said that BBMP was facing a fund deficit of over Rs 1200 crore, and hence they decided to hike property tax which was the Palike's main revenue source. As per the Karnataka Municipal Corporations…

Data from BBMP shows that Bengaluru’s 198 wards have together contributed Rs 5430 crores as property tax over the last three years. 2016-17: Rs 1743 crores 2017-18: Rs 1761 crores 2018-19: Rs 1926 crores The tax collection by ward varies from one extreme - 282 crores in three years collected by Bellandur, to another - 69 lakhs collected in Chalavadipalya. Bellandur which occupies 3.6% of the area covered by Bruhat Bengaluru Mahanagara Palike (BBMP) has collected Rs 103 crores out of Rs 1926 crores, that is more than 5% of the total collection. The top 34 wards have contributed almost…

State to fund PRR land acquisition, Cabinet discusses pending issues Several issues awaiting the cabinet's approval were finally addressed in a meeting presided over by the Chief Minister on November 19. Minister for Rural Development, Law and Parliamentary affairs, Krishna Byre Gowda, briefed the media on the important decisions taken. Among them was the nod given to execute the Peripheral Ring Road project at a cost of Rs 17,000 crore. Toll fee collection will be a revenue stream for this project. Since there were no agencies ready to fund the land acquisition due to controversies surrounding compensation to farmers, the state…

Shifting from the slick, tree-lined Vasanthnagar to the mud and gravel of HRBR in East Bengaluru did it. Building a dream house in a nightmare colony with no roads or facilities dealt quite a shock to D.S. Rajshekhar ten years ago. It was then that he felt that unless he stepped forward and joined like-minded citizens to show some fighting spirit, he would continue to live in a perpetually 'under-construction' colony. His Residents' Welfare Association referred him to Citizens' Action Forum (CAF), which was a simple association of rather indignant residents. It was an idea that was seeded in 2007. It had…

Citizens demand immediate development of suburban railway network Civic collective Citizens for Bengaluru (CfB) first initiated the #ChukkuBukkuBeku campaign, demanding better suburban train connectivity, in 2016. A demonstrative rail yatra was held on August 31st as part of the revived campaign, now called #ModaluTrainBeku.  The yatra was aimed at highlighting the time saved in commute during peak hours for regular commuters from IT firms around the traffic-choked Outer Ring Road. Sloganeering techies, RWAs, first-time riders and activists embarked on a journey from Yeshwanthpur railway station to Heelalige station on the local train numbered 76523 between 2:55 pm and 4:04 pm. The train…

May 30th is the last date for paying your property tax in advance, if you want to avail discount. But the problems in your account have not been fixed in the BBMP portal to collect taxes, in spite of having a complete year at their (BBMP) disposal. So in all probability, you will end up paying inaccurate amount this year as well, if your account had a problem last year. The wrong calculations of last year are being carried forward this year as well. Those who paid as ‘early birds’ with highertaxes due to revision in tax as well as…

Before we get into our stories for the week, two quick announcements... We are organising a two-day workshop for teens - Journalism for Young Citizens - at Atta Galatta on May 3rd and 4th. For more information and to register, click here. Several Bangaloreans are running at the TCS 10K in support of Citizen Matters, to raise funds for coverage on specific topics. See Shilpi for Lakes and Thej for Open Data. Pledge your support today! Property Tax No update yet on extension of deadline for 5% discount on property tax; if you are paying today, here is the guide:…