The Bruhat Bengaluru Mahanagara Palike (BBMP) officials on Monday said that there will be no extension of 5% rebate on property tax this time and requested tax payers make payments before April 30 to avail the benefit.
Venkata Chalapathy, joint commissioner (revenue), BBMP said, “Property tax collection for the financial year of 2018-19 has begun and citizens can make payments via both online and offline modes. For offline mode, they can generate challans at BBMP ward offices as well as at all branches of Canara Bank, HDFC, Axis and ICICI in the city. Unlike last year, there are no technical glitches associated with tax payment software or at other levels. So there will be no extension of rebate.”
For the current financial year, BBMP has set a target of Rs 3320 crore property tax collection. It can be noted here that for the financial year 2017-18, the cash-strapped civic body had set a target of Rs 2600 crore, but it could collect only around Rs 2100 crore.