Bbmp property tax rebate last date

Property owners in Bengaluru can now avail 5% rebate against the full payment for 2022-23 till May 31, 2022. The BBMP issued a notification on stating this, extending the rebate period by another 31 days. BBMP HQ (WIKI COMMONS) BBMP’s instruction for taxpayers : 1. If the property tax return for the previous year has not been filed, property tax for the current year shall be accompanied with the return and dues, if any for the previous years. 2. Additional Depreciation cannot be claimed for the year 2017-18 and 2018-19 and 2019-2020 as depreciation can be claimed once in a block period, i.e from 2016-17 to 2019-20 3. If revised return for any year has been filed, then the return for the current year shall be on the basis of revised return filed. 4. In case if any tax was paid in advance and after adjusting for the tax for the previous years, if there is still a balance, it will be paid back through Cheque or DD after due verification. 5. If property tax is paid in two installments for the current year, then same form is used for second installment. 6. 5% rebate on total property tax to be paid could be availed, if you are paying full amount in one installment. 7. If you are making payment for previous years (arrears payment) , payment shall be made after generating challan for each previous year. 8. Right now you can make the payment towards your property tax if you already paid the property tax at least once, by using your SAS BASE APPLICATION NUMBER or PID NUMBER. If you...

The constant demand from the public has made BBMP extend the deadlines for availing a 5% rebate on property tax from earlier April 30 to current May 31, 2020. New due dates were announced nearly a month after the Directorate of Municipal Administration gave a similar extension to all the urban local bodies, excluding the Bruhat Bengaluru Mahanagara Palike (BBMP) witnessing the difficulties faced by the taxpayers of Bengaluru while Get to know why timely payment of house tax Necessary? Also, note that the non-payment of the property of house tax has serious consequence. Read more. Property owners are demanding a larger extension in the time limit for availing the 5% rebate as there is no arrangement of police passes for them so that they can visit the banks and deposit the tax. Adding on the tax officials are constantly focusing on paying the tax online but not many are actually convinced with the idea. Previous year BBMP collected Rs. 2,700 Crore failing to achieve the target of Rs. 3000 crore collection. Adding on it was unable to collect the tax arrears of Rs. 1,000 crores. MK Gunashekhar, the Jayamahal Ward Corporator on Tuesday wrote to the mayor stressing on the April tax revenue that considerably fell as compared to the collection in the same period last year. Where the collection last year stood at Rs. 992.10 crores (FY 2019-20) this year the numbers were still at Rs. 261 crores till 28 April 2020. Clearly, it is only 26.34% of the collection last year. Gunashekher ...

Property taxpayers can obtain a rebate of 5% by paying the entire amount in one installment by June 30. The Urban Development Department issued a new notification on Monday, extending the last date to obtain a rebate from May 31 to June 30. Several citizens had sought an extension of the deadline, saying it is difficult to go to the bank and get the challan to pay the tax due to the Covid restrictions.

The Bruhat Bengaluru Mahanagara Palike (BBMP) Thursday informed that it has extended the last date for the five per cent rebate on property tax till June 30. The rebate will apply to those who are paying property taxes on or before June 30. The state government also issued an order in this regard on June 1. The rebate was extended on the directions of Deputy Chief Minister and Bengaluru Development Minister D K Shivakumar. The rebate had expired on April 30. Usually, the BBMP offers a five per cent rebate in the first month of the financial year and extends it by a month. However, due to a code of conduct in place, the extension was not provided to the property owners this time. According to BBMP officials, those who have paid property taxes in May will get the five per cent rebate. “The rebate will be adjusted to their property taxes when they make the payment next year. Since most of the BBMP staffers were on poll duty, it was difficult for the property owners to pay the taxes on time,” BBMP officials said. In May, Congress functionaries had demanded the BBMP to extend the rebate period by a month. While the property tax collection in 2021-22 was Rs 3,033 crore, it increased to Rs 3,758 crore in 2022-23. The BBMP has set a target of Rs 4,790 crore to be collected in the year 2023-24 through property tax.