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Property tax in Bangalore
Q: I have not paid my property tax yet. When is the last date and do I have to pay any kind of penalty

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Latest Answer: What is the target set for BBMP for the financial year 2015-16?
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Saving tax on capital gains
Q: I sold a piece of land in 2012. With that money I bought a residential flat to save on the tax over capital gain. Now I am planning to sell my another piece of land. What can I do to save on the tax over capital gains this time?

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Latest Answer: Please go very carefully through the provisions contained in section 54 and 54F of the Income-tax Act, 1961. Apparently, it appears that you will not be able to save income-tax.
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Taxes while buying house
Q: I would like to know regarding Taxes while buying house

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Latest Answer: Hi, Few points you have to check regarding taxes while buying a house are as follows: Transfer of property, Power of attorney, Rent Control Act, Service Tax etc. For further clarifications you can click on this link and read more about it here Basic regulations, tax implications involved in real estate transactions – Part I and Taxes to be paid while registering the property
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Calculation of property tax in Bangalore
Q: How to calculate Property Tax in Bangalore?

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Latest Answer: Property owners in unauthorised revenue layouts or apartments owners in buildings without Occupancy Certificate/Ownership or Title Deeds, can also pay tax under the Self Assessment Scheme. These kind of properties will be registered in B Register at the Office of the Assistant Revenue Officer until they are regularized.
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Bangalore property tax
Q: Has BBMP revised the property tax in Bangalore?

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Latest Answer: What are the other process to pay property tax? What are the offline procedure?
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Property tax in Bangalore
Q: What about the rebate on property tax in Bangalore?

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Latest Answer: What are the two BBMP Property tax forms to fill?
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Property tax in Bangalore
Q: What is the amount of property BBMP is going to collect from the defaulters?

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Latest Answer: Did BBMP found out how many defaulters are there in Bangalore and which zone have the highest number of defaulters?
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Property tax in Bangalore
Q: When BBMP is planning to revise the property tax in Bangalore?

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Latest Answer: The BBMP had proposed a revision on tax to the state government in November 2011 but it was not revised because of the strong protest from elected representatives and the general public who demanded the government to extent the time period from three years to five years. Records submitted by the BBMP to the principal secretary of the urban development department state that the property tax rates implemented in 2008-09 was done without making changes to the self-assessment property tax as existed in 2000.
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What do I do to change the name in Property tax?
Q: I bought a flat in Bilekahalli, Bangalore and transferred the khatha in my name. To my surprise still the property tax comes in the name of the previous owner. How do I change this?

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Latest Answer: I agree with Santhosh, visit the BBMP and check with the official what are the documents required and also to be on the safer side seek help from your legal expert. He will guide in the right way
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