Karnataka Deputy CM Pushes For Property Tax Collection Ahead of Deadline

Karnataka Deputy Chief Minister D K Shivakumar announced the 'One Time Settlement' scheme for property tax payment in Bengaluru, urging residents to clear dues by July 31. The scheme offers significant concessions on penalties and interest. Flex banners remain an issue, with penalties for non-compliance.

In a firm push to streamline property tax collection in Bengaluru, Karnataka Deputy Chief Minister D K Shivakumar has emphasized the urgency of utilizing the 'One Time Settlement' (OTS) scheme, set to expire on July 31.

The OTS initiative, introduced by the Bruhat Bengaluru Mahanagara Palike (BBMP), offers a 50% concession on penalties and a 100% concession on interest for outstanding property taxes. Shivakumar has urged residents to seize this opportunity to settle their dues. According to the Deputy CM, more than 50,000 residents have already taken advantage of the scheme, while around 4 lakh remain in default. Post-July 31, these defaulters may face stringent actions.

In a parallel initiative, the process of digitizing the records for 20 lakh properties is currently underway, with 8 lakh properties already digitized. The Deputy CM also issued a stern warning against the unauthorized use of flex banners, instructing the public to report violations via the BBMP helpline.

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