Karnataka Property Tax

The state property tax is charged to those that purchase land at intervals in the town. the city has attracted many of us across India. people that own property in Bangalore ought to pay the land tax once a year to the Bruhat Bengaluru Mahanagara Palike(BBMP).today paying a properties tax is, in addition, straightforward and can be done online. albeit the property is vacant still property owner should pay tax. BBMP Tax payment must be done once a year. you’ll be eligible for the discount of five if you pay your land tax throughout one instalment before the maturity suggested by the BBMP.On the other hand, delaying your property tax payment can see a rate of interest of twenty-two charged to you per month. If you would like to avoid interest then you’ll conjointly pay your land tax in 2 instalments however doing so won’t qualify you for a reduction. you’d wish to make certain that it’s paid by thirty Gregorian calendar months. one among the foremost components of the Taxation method in the state might even be A Khata and B Khata or BBMP Khata.The tax amount begins in April and ends in March of the next year. If you’ve property tax due for FY 2019-20, you would like to make certain that it’s paid by thirty Gregorian calendar month 2020. forms of properties that attract the land tax in the city: Mentioned below are the properties that are being charged land tax in Bangalore1. Residential homes2. industrial plant buildings3. workplace buildings4. Godowns5. retailers6. Flats As already mentioned you’ll conjointly pay land tax online.Below are some straightforward steps to pay BBMP Properties Tax Online: 1.Visit the BBMP property tax portal Enter the Property variety or SAS Application variety and click on on on on ‘fetch’. By doing this show all the information concerning the landowner.2.Hit ‘proceed’ simply just just just in case the little print displayed on the screen is correct and with no changes. Doing so can airt you to fill kind IV. If any changes need to be created to the property, like property usage, occupancy or settled area, click on the box on the screen and hit ‘proceed’. Doing so will take you to fill kind 5.3.Make certain that the information that has been Pre-filled is correct. after you select the {net} payment option, you’ll be redirected to the payment page wherever you’ve to select the payment mode through debit/credit card or net banking. In Bangalore, relying on the class the property tax rate differs. The BBMP land tax assortment target for the year 2020-21 from quite eighteen lakhs properties was Rs.3,500 crore.

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