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The Hindu
The Hindu
National
Shreyas H.S.

What is Bengaluru’s new property tax system that aims to fix leakage and rationalise the system

The story so far

The Bruhat Bengaluru Mahanagara Palike (BBMP) has now halted the implementation of the new property tax regime fearing backlash from the citizens ahead of parliament elections. The new system of levying tax is based on the guidance value of the properties, and has done away with zonal classification for tax and is expected to increase the collection. The government’s lack of intent to implement the policy immediately has also brought discontent among IAS officials in the BBMP who were behind framing of the policy to mobilise the revenue. 

How is the new tax regime structured? 

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