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Tag: BBMP property tax

Home ยป BBMP property tax

Current News
By Harini BalasubramanianAugust 15, 2024

BBMP can order attachment of bank accounts of tax defaulters under new rules

August 15, 2024: The Bruhat Bengaluru Mahanagara Palike (BBMP) has been authorised to attach bank accounts of property tax defaulters as part of its arrears-recovery process, according to a notification issued by the Karnataka … READ FULL STORY

Current News
By Harini BalasubramanianDecember 4, 2024

Karnataka govt extends OTS scheme for property taxpayers till Sep 30

August 9, 2024: In response to public requests, the Karnataka government has extended the deadline for availing of the One-Time Settlement (OTS) scheme for property tax arrears in Bangalore until September 30. The extension … READ FULL STORY

Current News
By Harini BalasubramanianAugust 2, 2024

BBMP extends OTS for property tax defaulters till Aug 31

August 2, 2024: Bangalore Development Minister D.K. Shivakumar on August 2, 2024, has announced the extension of the one-time settlement (OTS) scheme by the Bruhat Bengaluru Mahanagara Palike (BBMP) for property tax defaulters till … READ FULL STORY

Current News
By Harini BalasubramanianJuly 9, 2024

BBMP launches helpline to assist property taxpayers with OTS scheme

July 9, 2024: The Bruhat Bengaluru Mahanagara Palike (BBMP) has launched a helpline number, 1533, to address taxpayersโ€™ queries regarding the One Time Settlement (OTS) scheme. The BBMP launched the OTS scheme aimed at … READ FULL STORY

Current News
By Dhwani MeharchandaniJune 12, 2024

One-time settlement scheme for Bangalore property tax extended till July 31

June 12, 2024: The Bruhat Bengaluru Mahanagara Palike (BBMP) has extended the one-time settlement (OTS) scheme for property tax defaulters, allowing payment of taxes with a 50% penalty and a full concession on interest … READ FULL STORY

Current News
By Harini BalasubramanianMarch 25, 2024

BBMP 5% rebate on property tax till July 31, 2024

March 15, 2024: The Bruhat Bengaluru Mahanagara Palike (BBMP) has extended the last date to avail the 5% rebate on property tax payment till July 31, 2024, according to media reports. According to a … READ FULL STORY

Current News
By Harini BalasubramanianFebruary 28, 2024

Karnataka govt rolls out OTS scheme for property tax defaulters in Bangalore

February 28, 2024: In a move to provide relief to property tax defaulters in Bangalore, the Karnataka government has asked the Bruhat Bengaluru Mahanagara Palike (BBMP) to implement a โ€˜one-time settlement scheme (OTS) for … READ FULL STORY

Current News
By Harini BalasubramanianFebruary 21, 2024

Penalty on BBMP property tax to be reduced by 50%

February 21, 2024: The Karnataka Legislative Assembly passed the BBMP Amendment Bill 2024 on February 20, 2024, aimed at providing relief to property taxpayers in Bangalore by reducing their penalties on outstanding dues by … READ FULL STORY

Current News
By Harini BalasubramanianJanuary 9, 2024

BBMP gears up to boost revenue, sends alerts to over 6L tax defaulters

January 9, 2024: The Bruhat Bengaluru Mahanagara Palike (BBMP) has been taking several measures to boost property tax collection by reaching out to over six lakh property tax defaulters through SMS. The civic body … READ FULL STORY

Current News
By Harini BalasubramanianDecember 16, 2022

BBMP identifies 20,000 property tax defaulters through data verification

Bruhat Bengaluru Mahanagara Palike (BBMP) has identified 20,000 property owners who have paid less property taxes by registering their properties under the residential category, even though they were being put to commercial use. The … READ FULL STORY

Current News
By Harini BalasubramanianNovember 22, 2022

BBMP suffers Rs 131 crore loss; 8,000 commercial use properties paying tax under residential slab

The Bruhat Bengaluru Mahanagara Palike (BBMP) has identified 8,906 properties for paying property tax in the residential slab despite being in commercial use. The discrepancy was noticed when the municipal authority cross-verified its data … READ FULL STORY

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