Home » Karnataka » One Time Settlement For Property Tax In Bengaluru Till 31 July Says Deputy Cm Shivakumar

One-time settlement for property tax in Bengaluru till 31 July, says Deputy CM Shivakumar

"More than 50,000 people have paid taxes under the OTS scheme and another 4 lakh are yet to pay. They will be deemed defaulters from 1 August," Shivakumar said.

ByPTI

Published Jun 11, 2024 | 10:23 PM ⚊ Updated Jun 11, 2024 | 10:23 PM

One-time settlement for property tax in Bengaluru till 31 July, says Deputy CM Shivakumar

Property tax representational image (iStock)

Karnataka Deputy Chief Minister DK Shivakumar, who is also in-charge for Bengaluru Development on Tuesday 11 June, said the ‘One Time Settlement’ window for payment of outstanding property tax in the city is open only till 31 July.

“The BBMP (Bruhat Bengaluru Mahanagara Palike) had not actively pursued property tax outstanding due to elections. The one-time settlement (OTS) scheme will end on 31 July and hence I urge people to make use of the opportunity to clear the outstanding payments. The OTS scheme provides 50 percent concession on penalties and 100 percent concession on interest payments,” Shivakumar said.

“More than 50,000 people have paid taxes under the OTS scheme and another 4 lakh are yet to pay. They will be deemed defaulters from 1 August,” he said.

Noting that twenty lakh properties are within the tax bracket, he said, “If those outside the tax bracket pay taxes and submit proof within 90 days, we will provide them with a property tax account.”

The process of digitising 20 lakh properties is in progress, Shivakumar said, adding about 8 lakh properties are completed and the rest would be completed within 3 months.

“Once the process is complete, the digital records will be sent to property owners,” Shivakumar said.

Pointing out that the BBMP has banned flex banners, and yet they were being used extensively by various organisations including political parties, he said, action will be taken against Assistant Revenue Officers in case of non-compliance.

“The public can lodge their complaints regarding unauthorised flex banners on the BBMP helpline…,” the minister added.

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