BENGALURU: The Bruhat Bengaluru Mahanagara Palike (BBMP) officers on Monday mentioned that there can be no extension of five% rebate on property tax this time and requested tax payers make bills sooner than April 30 to avail the ease.
Venkata Chalapathy, joint commissioner (revenue), BBMP mentioned, "Property tax collection for the financial year of 2018-19 has begun and citizens can make payments via both online and offline modes. For offline mode, they can generate challans at BBMP ward offices as well as at all branches of Canara Bank, HDFC, Axis and ICICI in the city. Unlike last year, there are no technical glitches associated with tax payment software or at other levels. So there will be no extension of rebate."
For the present monetary yr, BBMP has set a target of Rs 3320 crore property tax collection. It can be noted here that for the monetary yr 2017-18, the cash-strapped civic body had set a target of Rs 2600 crore, however it would acquire handiest round Rs 2100 crore.
Venkata Chalapathy, joint commissioner (revenue), BBMP mentioned, "Property tax collection for the financial year of 2018-19 has begun and citizens can make payments via both online and offline modes. For offline mode, they can generate challans at BBMP ward offices as well as at all branches of Canara Bank, HDFC, Axis and ICICI in the city. Unlike last year, there are no technical glitches associated with tax payment software or at other levels. So there will be no extension of rebate."
For the present monetary yr, BBMP has set a target of Rs 3320 crore property tax collection. It can be noted here that for the monetary yr 2017-18, the cash-strapped civic body had set a target of Rs 2600 crore, however it would acquire handiest round Rs 2100 crore.
Property tax: No extension of rebate this time
![Property tax: No extension of rebate this time]()
Reviewed by Kailash
on
April 02, 2018
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