Property tax to be accepted by BBMP through cheques
Bruhat Bangalore Mahanagara Palike (BBMP) will start accepting property tax through for 2014-15 through cheque, demand draft and pay order. A few citizens’ groups and senior citizens appealed to the BBMP officials to provide the option of payment through cheques. In case of payment by cheque, temporary acknowledgement will be given at first. After the payment is transferred to BBMP account, actual receipt will be issued.
The authority had actually stopped taking cheques for payment after many of them bounced. More than 8,800 cheques worth over Rs. 5.5 crore were dishonoured last year.
During 2013-14, BBMP collected property tax totalling Rs. 1,323 crore as against the target of Rs. 2,000 crore. BBMP has set itself a target of Rs. 2,500 crore for fiscal 2014-15.
The former Opposition Leader M.K. Gunashekar has requested the Commissioner to extend the five per cent rebate in property tax to citizens who make full payment till May-end.
Source: Hindu
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