5 Lakh Bengaluru Properties have not paid taxes – News2IN
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5 Lakh Bengaluru Properties have not paid taxes

5 Lakh Bengaluru Properties have not paid taxes
Written by news2in

Bengaluru: Nearly 5 Lakh properties that come under Bruhat Bengaluru Mahanagara Pikeik have avoided this fiscal tax, causing loss of income for agencies.
According to the data submitted during the question and answer hours in the legislative council, more than 18.5 lakh properties in the city are included in the tax purview and are divided into various categories.
The numbers indicate that under the scope of the tax stated, around 13.6 the Lakh property has paid taxes, which 97,057 are commercial buildings, 9,112 complex housing multilevel and around 12.6 lakh housing buildings in 16 divisions.
This means more than 4.9 properties have not paid taxes into December.
Property tax is calculated based on the value of the area; For commercial structures, which is 25% of the value and for housing buildings of 20%.
In addition, 10,516 commercial buildings have stated the structure as housing, where the BBMP collects revised taxes and is subject to a fine.
According to the data, the agency collected Rs 5.6 Crore from these companies.
It has applied a fine to double the difference in such buildings, including 2% interest.
BJP MLC n Ravikumar that asks questions about the same thing says the state must focus on reducing absence when there is scope to increase income.
About 5 Lakhaping buildings that avoid large taxes and the government must conduct specialized tax collection drives.
The Chairperson of the Minister of Bukavaraj Bommai said that some B-Khata buildings in the city violated the government regulations and norms and had property tax contributions to be cleaned.
The government now takes steps to legalize B-Khata properties to increase tax collection.
He said as far as tax collection, there was no difference between A-Khata and BKHATA, but the last removal tax was due to violations.
In addition to regulating this building, the government will also conduct specialized tax collection drives.

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