2% land transport cess on property tax BBMP has decided to levy a 2% land transport cess on property tax from April 1. The cess was approved by BBMP administrator Gaurav Gupta and the Urban Development Department. The proposal had been approved by the previous BBMP Council in 2018. BBMP hopes to rake in up to Rs 80 crore annually from the cess. However, the BBMP cannot utilise the Urban Land Transport cess internally but must transfer it to the DULT (Directorate of Urban Land Transport) once in three months for the upkeep of pedestrian paths, bicycle tracks and other…
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