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BBMP launches helpline to assist property taxpayers with OTS scheme

Government proposes amendments to bring back indexation benefits for real estate

July 9, 2024: The Bruhat Bengaluru Mahanagara Palike (BBMP) has launched a helpline number, 1533, to address taxpayers’ queries regarding the One Time Settlement (OTS) scheme. The BBMP launched the OTS scheme aimed at providing relief to property tax defaulters through interest waivers and halved penalty amounts. The scheme will be applicable till July 31, 2024.

According to the BBMP, only around 80,000 out of 4,00,000 property tax defaulters have availed themselves of the OTS scheme.

Khata-less property owners can submit online applications through the official portal and upload the relevant documents. They will be given a provisional tax number, which can be used to pay the property tax. Revenue officials will verify the documents and issue a Khata in three months. The officials will adjust any amount paid in excess against next year’s tax.

 

How to avail the OTS scheme?

 

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