BBMP’s ‘one-time settlement scheme’ boosts property tax collections
4 months, 3 weeks ago

BBMP’s ‘one-time settlement scheme’ boosts property tax collections

The Hindu  

After the implementation of the one-time settlement scheme for property tax, 1.07 lakh property owners have utilised it, paying the Bruhat Bengaluru Mahanagara Palike ₹184.77 crore in dues till July 29. According to data provided by the BBMP, from April 1 to July 29, the number of property tax defaulters has seen a notable decline, which officials say shows the effectiveness of the OTS scheme. Meanwhile, according to BBMP, as of April 1, there were 16,501 properties with pending revision cases for property tax, amounting to a total demand of ₹222.38 crore. By July 29, the number of properties with pending revision cases slightly increased to 16,904, and the total tax demand rose significantly to ₹282.59 crore.

Properties Property Tax Crore Bbmp Ots Zone Saw Tax Collections  boosts  scheme  settlement  zone  saw  bbmps  properties  tax  collections  total  crore  demand  onetime  number  property

History of this topic

Karnataka passes amendment bill to tighten property tax compliance in Bengaluru
Trending News
6 days, 18 hours ago

Karnataka passes amendment bill to tighten property tax compliance in Bengaluru

India Today  

The Karnataka Legislative Assembly on Monday passed the Bruhat Bengaluru Mahanagara Palike Second Amendment Bill, aimed at tightening measures against property tax defaulters in the city. "A deadline of November 30 was set for property tax defaulters within the BBMP jurisdiction to clear their dues under the One-Time Settlement scheme. However, he cautioned against future hikes in property tax, emphasising …

One time settlement scheme ends today: Check how to clear dues online on BBMP’s portal
3 weeks, 2 days ago

One time settlement scheme ends today: Check how to clear dues online on BBMP’s portal

Live Mint  

BBMP had rolled out its one-time settlement scheme for the payment of property tax which is ending today i.e. The special scheme excludes compound interest and penalties, thus bringing down the overall arrears of property tax significantly. Starting December 1, property owners with outstanding property tax are likely to face penalties and interest. If you face any challenge with the …

One Time Settlement scheme to end on Nov 30, BBMP yet to collect over ₹550 crore property tax dues
3 weeks, 3 days ago

One Time Settlement scheme to end on Nov 30, BBMP yet to collect over ₹550 crore property tax dues

The Hindu  

About 2 lakh tax defaulters have availed the Bruhat Bengaluru Mahanagara Palike’s One Time Settlement scheme for payment of property tax, which will be ending on November 30. A senior BBMP official talking to The Hindu said about 3.95 lakh people are on the list of tax defaulters and the response was below the expectation of the BBMP. BBMP Special …

Bengaluru real estate: Over 2.64 lakh property owners in the IT capital yet to pay taxes, BBMP data shows
3 months, 2 weeks ago

Bengaluru real estate: Over 2.64 lakh property owners in the IT capital yet to pay taxes, BBMP data shows

Hindustan Times  

Bengaluru civic agency, the Bruhat Bengaluru Mahanagara Palike, has released a list stating that there are a total of 2,64,228 defaulters across eight zones in the city who are yet to pay property taxes. Over 2.64 lakh property owners in Bengaluru are yet to pay taxes, BBMP data shows Furthermore, it shows that of the 3,95,253 property tax defaulters identified …

BBMP to impose penalties for dumping waste on vacant sites
4 months, 2 weeks ago

BBMP to impose penalties for dumping waste on vacant sites

The Hindu  

The Bruhat Bengaluru Mahanagara Palike has issued a new order under the Solid Waste Management Rules 2016, Solid Waste Management Bye-laws 2020, and BBMP Act 2020 in connection with the imposition of penalties and collection of costs for waste disposal from vacant lands/plots in the city. According to the new rules, zonal offices will identify all vacant plots/lands/places where solid …

OTS for property tax defaulters extended till August 31
4 months, 3 weeks ago

OTS for property tax defaulters extended till August 31

The Hindu  

Deputy Chief Minister and Bengaluru Development Minister D.K. Shivakumar on Friday announced that the one-time settlement scheme for property tax defaulters has been extended until August 31, 2024. The BBMP, through the ambitious OTS scheme, gave 3.95 lakh property tax defaulters an opportunity to pay interest and penalty-free dues and collected ₹217.5 crore. Data shared by the BBMP shows 1.07 …

BBMP collected Rs 3K crore property tax from April 1 to July 31, Rs 600 crore more than last year
4 months, 3 weeks ago

BBMP collected Rs 3K crore property tax from April 1 to July 31, Rs 600 crore more than last year

New Indian Express  

BENGALURU: Bruhat Bengaluru Mahanagara Palike Chief Commissioner Tushar Girinath said on Thursday that from April 1 to July 31, the Palike collected property taxes amounting to Rs 3,065 crore for 2023-24. He told reporters here that compared to the same period last year, the Palike collected Rs 600 crore more. According to Palike ’s revenue officials, Rs 380.63 crore has …

Bengaluru’s one-time settlement scheme ends today, property tax dues worth ₹549 crore still pending
4 months, 3 weeks ago

Bengaluru’s one-time settlement scheme ends today, property tax dues worth ₹549 crore still pending

Hindustan Times  

Property tax dues worth ₹548.94 crore are pending against nearly 2.88 lakh properties spread across eight zones in Bengaluru, according to data shared by the Bruhat Bengaluru Mahanagara Palike on July 30. Property tax dues worth ₹ 549 crore still pending before the one-time settlement scheme in Bengaluru ends today. July 31 is the last day to avail the 5% …

BBMP’s inordinate delay in issuing PID hampers citizens’ efforts to pay property tax
5 months, 2 weeks ago

BBMP’s inordinate delay in issuing PID hampers citizens’ efforts to pay property tax

The Hindu  

The inordinate delay in issuance of property identification numbers by the Bruhat Bengaluru Mahanagara Palike to A Khata holders is proving to be a hindrance to citizens who want to pay property tax promptly. For instance, Vinay T., who has a flat in Bellandur, has been struggling for the past two months to get the PID so that he can …

BBMP seals post office, BoB branch on MG Road for not paying rent
5 months, 2 weeks ago

BBMP seals post office, BoB branch on MG Road for not paying rent

New Indian Express  

BENGALURU: The Bruhat Bengaluru Mahanagara Palike estate department sealed the office of the Bank of Baroda and Post Office, located on the ground floor of the Public Utility Building also known as Netaji Subhash Chandra Bose building, on MG Road. Palike officials included the revised rentals, tax and interest and the total payable amount comes up to Rs 17.56 crores. …

BBMP says no plans to increase property tax
5 months, 2 weeks ago

BBMP says no plans to increase property tax

New Indian Express  

BENGALURU: The BBMP has clarified that there is no proposal to hike the property tax in the city. The Special Commissioner clarified on Wednesday that there are many fake reports doing the rounds in the media about the property tax hike and said there is neither any such proposal nor any plans to increase property taxes. Also, from the existing …

After issuing ₹1 crore TDR notice, BBMP takes possession of Bangalore Palace property for road widening
5 months, 2 weeks ago

After issuing ₹1 crore TDR notice, BBMP takes possession of Bangalore Palace property for road widening

The Hindu  

The Bruhat Bengaluru Mahanagara Palike has taken possession of a portion of the Bangalore Palace property for the road widening project after the Bangalore Development Authority issued a notice for Transferable Development Rights compensation. But no one received the TDR, even as the BDA went to physically hand it over.” In the notice, it is mentioned that in case no …

Karnataka DCM DK Shivakumar announces one-time settlement for property tax in Bengaluru offer till July 31
6 months, 1 week ago

Karnataka DCM DK Shivakumar announces one-time settlement for property tax in Bengaluru offer till July 31

Hindustan Times  

On Tuesday, D K Shivakumar, the Deputy Chief Minister of Karnataka, who oversees Bengaluru Development, announced that the opportunity for a 'One Time Settlement' to clear overdue property tax in the city will be available until July 31. The one-time settlement scheme will end on July 31 and hence I urge people to make use of the opportunity to clear …

Pay property tax dues by July 31 or face action: Deputy CM DKS
6 months, 1 week ago

Pay property tax dues by July 31 or face action: Deputy CM DKS

New Indian Express  

BENGALURU: Deputy Chief Minister DK Shivakumar on Tuesday warned of stringent action against those who fail to clear their outstanding property tax through the ‘One-Time Settlement’ window by July 31. The Bruhat Bengaluru Mahanagara Palike proposed the OTS scheme in the beginning of March, providing an opportunity to tax defaulters to clear their tax arrears and interest at a 50% …

What is Bengaluru’s new property tax system that aims to fix leakage and rationalise the system
8 months, 2 weeks ago

What is Bengaluru’s new property tax system that aims to fix leakage and rationalise the system

The Hindu  

The story so far The Bruhat Bengaluru Mahanagara Palike has now halted the implementation of the new property tax regime fearing backlash from the citizens ahead of parliament elections. In a bid to streamline property taxation and ensure fairness, a new property tax system was introduce, according to the BBMP. The new system prescribes nominal rates to determine property tax …

New property tax structure, ad policy, premium FAR to increase revenue streams for BBMP
9 months, 3 weeks ago

New property tax structure, ad policy, premium FAR to increase revenue streams for BBMP

The Hindu  

Bengaluru’s civic body has reworked its property tax structure and is all set to introduce multiple policies to increase revenue streams through which it aims to raise ₹8,272.74 crore in 2024-25, the highest if this target is achieved. The focus of the budget is on consolidating the revenue base, and exploring new innovative options like premium FAR to increase revenue …

BBMP can’t ask property owners to deposit 50% of re-assessed tax amount even to consider their objection for re-assessment: Karnataka High Court
10 months ago

BBMP can’t ask property owners to deposit 50% of re-assessed tax amount even to consider their objection for re-assessment: Karnataka High Court

The Hindu  

The Bruhat Bengaluru Mahanagara Palike prima facie cannot ask property owners to deposit 50% of the re-assessed property tax amount for considering their objections raised for the showcause notices demanding payment of tax as per re-assessement, said the High Court of Karnataka. Also, the court directed the Chief Commissioner of the BBMP to take appropriate steps in this regard while …

Constructed Building Becomes Exigible For Tax Only When Occupancy Certificate Issued: Karnataka High Court Quashes BBMP Demand Notice
1 year ago

Constructed Building Becomes Exigible For Tax Only When Occupancy Certificate Issued: Karnataka High Court Quashes BBMP Demand Notice

Live Law  

The Karnataka High Court has quashed a demand notice issued by the Bruhat Bengaluru Mahanagara Palike for payment of backdated property tax from 2008, on the ground that the building was completed even when the Occupancy Certificate came to be issued on 25.04.2011. It was argued that the building being used only after the occupancy certificate had been issued, the …

BBMP allocates ₹ 15 lakh each to 225 wards to fill potholes
1 year, 2 months ago

BBMP allocates ₹ 15 lakh each to 225 wards to fill potholes

The Hindu  

The Bruhat Bengaluru Mahanagara Palike has allocated ₹15 lakh each to 225 wards to fill potholes and the work will commence from November. The BBMP had given ₹20 lakh to every ward last year and there is no explanation given as to why the allocation was deducted. A source in the BBMP said the government has asked the civic body …

Bengaluru flooding: BBMP announces ₹10,000 compensation for 1,064 houses in Mahadevapura zone
2 years, 3 months ago

Bengaluru flooding: BBMP announces ₹10,000 compensation for 1,064 houses in Mahadevapura zone

The Hindu  

The Bruhat Bengaluru Mahanagar Palike has announced ₹10,000 compensation each for the families whose homes were flooded in the recent rain. The civic body has identified 1,064 houses that were flooded in Mahadevapura zone and announced the compensation. BBMP officials said: “We have surveyed the flooded area in our zone and found that 1,064 houses have been flooded, and they …

BBMP announces 5% rebate for property tax if you file before this date
2 years, 8 months ago

BBMP announces 5% rebate for property tax if you file before this date

Hindustan Times  

Amid its drive to collect more revenue, the BBMP announced that property owners would be eligible for a 5% rebate if they pay their property tax for the 2022-23 financial year before April 30, 2022. BBMP HQ BBMP wrote on Twitter: “Property owners within BBMP limits can avail a 5% rebate if they pay their property tax for 2022-23 before …

BBMP proposes to let go of penalty and interest on tax arrears
3 years, 4 months ago

BBMP proposes to let go of penalty and interest on tax arrears

The Hindu  

The city’s civic body has now proposed to the State government to let go of the penalty and the interest on property tax arrears notices it has issued for wrong classification of tax zones since the last five years. Notices asked property owners to pay tax arrears, interest, and penalty for the five years since. As an acknowledgement of its …

Government buildings owe huge outstanding service charges to BBMP
3 years, 4 months ago

Government buildings owe huge outstanding service charges to BBMP

The Hindu  

Many government buildings and departments owe the Bruhat Bengaluru Mahanagara Palike, whose major revenue source is property tax, a lot of pending service charges. As per the earlier Karnataka Municipal Corporations Act, 1976, and the more recent BBMP Act, 2020, the civic body is liable to collect 25% of the property tax, known as service charge, from government buildings and …

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