Bbmp property tax 2023 24

BBMP presents budget for 2023-24 with an outlay ₹11,163.97 crore The budget shows a surplus of ₹6.14 crore. BBMP has proposed ‘Bangalore Health System (BHS)’ to ensure medical care to all patients through call centres, help desks, free enrolment and free treatment March 02, 2023 01:26 pm | Updated 02:42 pm IST - Bengaluru Ahead of the Assembly elections in Karnataka, the Bruhat Bengaluru Mahanagara Palike (BBMP) The total receipts of BBMP during 2023-24 will be ₹7,070.11 crore while the total Centre-State grants will be ₹4,093.86 crore. While the total receipts will be ₹11,163.97 crore, the total expenditure will be ₹11,157.83 crore, thereby resulting in a surplus of ₹6.14 crores, BBMP Special Commissioner for Finance, Jayaram Raipura announced in his budget speech at Town Hall. For the third consecutive year, the BBMP presented its budget, in the absence of an elected council. Income for BBMP and plugging loopholes The Finance Department of the BBMP has implemented ‘Integrated Financial Management System’ (IFMS) to facilitate all payments “By the end of 2022-23, all income and receipts as well as all inter-office transfers in BBMP will be brought within IFMS. From the first day of 2023-24, all income-receipts-inter office transfers-expenses of BBMP will be covered under IFMS,” he said. The BBMP has set a target of ₹4,690 crore, including cesses, for property tax collection in Bengaluru in 2023-24. | Photo Credit: The Hindu The 2023-24 target for property tax is ₹4,690 cro...

We all know that as good and responsible citizens, we need to pay our taxes honestly and on time. Figuring out what to pay, how to pay and where to pay these taxes is not only confusing but also stressful. At NoBroker we’ve come up with a simple guide to help you figure out how to pay your Property Tax online in Bangalore. When you live in Bangalore, you will hear the term BBMP very frequently. This body is in charge of civic amenities and everything else that keeps the city running as it should be. In order to do this, they need funds and a lot of it! The way that BBMP gets their funds is through tax, and one of the most important is Property Tax. Now, before we get into how to pay property tax to BBMP or how to pay property tax online, and so on, we will give you a brief introduction to what is BBMP and why paying property tax on time is so important. This is eight Get a Quote What is BBMP? BBMP is an abbreviation of Bruhat Bengaluru Mahanagara Palike. This is an administrative body ‘responsible for civic amenities and some infrastructural assets of the Greater Bengaluru metropolitan area.’ They have a huge set of responsibilities and is the fourth largest Municipal Corporation in India! The BBMP is responsible for the entire population of Bangalore i.e. 12,765,000 people (as of 2021). You can say that BBMP is in charge of things like – zoning and building regulations, health, hygiene, licensing, trade, and education, maintaining the quality of life by taking care of iss...