Bengaluru: Authorities To Confiscate Assets Of Those Who Haven’t Paid Property Tax

The Logical Indian Crew

March 15th, 2017

Bengaluru Property Tax

Source: timesofindia

It’s time for property owners in Bengaluru, who had been evading property tax payments all these years, to clean up their act. A notification has been issued for the defaulters of the property tax, which states that those who haven’t paid taxes since the last year will have their assets confiscated.

The commissioner of Bruhat Bengaluru Mahanagara Palike (BBMP), N Manjunath Prasad, said that tax defaulters would be given 15 days’ time to pay up their arrears. The authority will issue the notification to tax defaulters from April 1 and after 15 days the authorities will confiscate assets from their houses (furniture and other movable assets) or commercial establishments.

Property tax is a tax levied directly on a property by the governing authority of the jurisdiction in which the property is located.

Under the Karnataka Municipal Corporations Act, 1976, the Authority enjoys the power to confiscate movable properties like furniture. However, immovable objects cannot be seized. The BBMP was confident of recovering dues this year as the properties were mapped using Geographic Information System (GIS). Using the same technology, a system has been developed where BBMP zonal officials will get updates of the details of tax defaulters on their cellphones.

BBMP has delineated around 18.95 lakh properties with Geographic Information System (GIS) since June 2016, higher than the 16 lakh database that Palike had. 

The cash-crunched BBMP’s decision to seize movable properties of defaulters is justified as the city has about thousands of properties whose tax payments are still pending. If the plan is implemented meticulously, around Rs 400 crore would fill the coffers.


Also Read: Pay Property Tax Dues Without Penalty Till Feb 2017

 

Share your thoughts..

Propelled by

VOLVO

Make Your City Safe

Related Stories

9,339 Willful Defaulters Owe Indian Banks Rs 111,738 crore, Public Sector Banks Worst Hit

Bengaluru: Congress Leader Throws Petrol Inside BBMP Office, Threatens To Set It On Fire

BBMP Waste Management

Bangalore: BBMP Spends Rs 750 Crore Alone On Waste Management. Know How You Can Get Involved

BBMP Pourakarmikas

Bangalore: BBMP’s Pourakarmikas On Indefinite Strike, Garbage Disposal At Stake

Bellandur Lake Contractor

Bengaluru: Contractor Fined Rs 5 Lakh For Dumping Waste Into The Bellandur Lake

Enemy Property Act

Know About The Enemy Property Act Passed By The Lok Sabha On Tuesday

Latest on The Logical Indian

News

Sterlite Protest: Decades-Old Struggle Of Thoothukudi Residents Against Sterlite Flouting Environmental Norms

Awareness

India Ranks 145th Among 195 Countries In Healthcare Access, Quality: Lancet

News

First Commercial Flight Lands In Arunachal Pradesh After Completing A Journey Of 1.5 Hours

News

Govt Allows Import Of Pulses From Mozambique, Even As 6 Lakh Tons Of Pulses Lies Unsold With Farmers

News

SBI Reports Net Loss Of Rs 7,718 Cr, Highest Ever In Its History

News

Kashmir: Locals Refuse To Attend Indian Army’s Iftaar Party, 4 Girls Injured In Army Firing