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BBMP is tightening its Property Tax collection process

No Comments Sub Category:Municipality,Realty News Posted On: Oct 30, 2010

The Bruhat Bangalore Mahanagara Palike (BBMP) is finally girding up to tighten its property tax collection process.The BBMP has formed 385 crack teams who will survey all properties in the Palike’s jurisdiction to ascertain whether they have been accurately assessed under the self-assessment scheme (SAS) and appropriate amount has been paid in tax.

As on date, tax counters have collected a total of Rs 800 crore for 2010-11. Overall, 30% of the returns filed will be scrutinized in the next three months, with 10% earmarked for each year.The deadline to complete the verification of properties is November 2010. By then, the BBMP hopes to bring all properties under the tax net.

The total number of irregularities will be ascertained a week later, and notices issued to all defaulters. Officials are also verifying whether the amount of tax was rightly assessed under the SAS scheme, and whether the records of the Palike match the ground reality.The coming week will see them issuing notices to properties identified so far using the GIS-based survey. GIS maps are being used to identify properties for which taxes have already been paid, and mark out those where taxes have still to be paid. All cases of encroachment and also instances of residential and commercial property being mixed will be noted.

DNA India

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