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Belligerent action taken over Property Tax collection by Bruhat Bengaluru Mahanagara Palike

No Comments Sub Category:Realty News,Uncategorized Posted On: Oct 15, 2011

An aggressive act has been upheld by Bruhat Bengaluru Mahanagara Palike (BBMP) in Bangalore with the pending payment of property tax yet to cleared by the builders and house owners. Henceforth the BBMP Commissioner Mr Siddiah had conferenced a meeting in presence with all the BBMP officials recently to trace down the percentage of pending payment to be done by the builders and also to action the Property Tax Collection drive. He reported saying that the instructions has been given to the BBMP officials to issue the legal notice in concern with either overdue tax or non-payments.

Also specified saying that any kind of partial or token payments are strictly restricted. Overdue tax payment has been told to collect along with the penalty and the same will be applicable in case of Self declared property tax. The officials have been granted a span of time till end of October 2011 and a target statistics has been traced which hereby discloses the tax collection to exceed Rs. 250 crore rupees as an overdue tax payment.

Source: Citizen Matters

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