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Tax exemption for ex-servicemen

Comments(3) Sub Category:Bangalore,Property Tax Posted On: Aug 01, 2012

Families of retired ex-servicemen will be entitled to further exemptions added to the prevailing ones as the State government has decided to waive 50 per cent of the property tax for their houses or land.

According to the Karnataka Municipalities and?Certain Other?Law (Amendment)?Act, 2011, an ex-serviceman is defined as a person who has served in the regular Army, Navy and Air Force of the Union, at any rank.

He or she may also be a person who has served in Defence Security Corps, the General Reserve Engineering Force, the Lok Sahayak Sena and Paramilitary forces. The family of the deceased ex-serviceman can include the father, mother, a surviving spouse and dependent children.

Apart from that, he/she has to be a permanent resident of the State – a fact that should be verifiable by the Sainik Welfare?Board. By taking steps to implement the rule, the State joins Maharashtra where several municipal corporations, such as Thane and Navi Mumbai, have already been providing tax relief for ex-servicemen.

To read more real estate news:

Land issues delay Hyderabad Metro Rail project

Source: Deccan Herald

3 Responses to “Tax exemption for ex-servicemen”

  1. baljit singh says:

    I am an exservicemen. I have purchased Rs.62000 stay paper for conveyance deed for transfer of plot from huda to my name in Haryana.Is this comes under exemption.whether I am exempted from property tax on this plot.

  2. Vidyadhar Jinpal Upadhye says:

    I want to purchase a clear title NA plot at Sangli -Miraj-Kupwad Mahnagarpalika in corporation area. I have served in the Indain Army as a Havildar/Clerk. for 22 years . After retirement I have again joined in the Defence Security Corps on 23 March 2012. Please under which property tax rule I have exempted for property tax. Please send letter on my email adress at aratividhya@gmail.com . Thanks.

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