Property tax in all municipal areas in state, including Bengaluru to go up


From Our Special Correspondent
Daijiworld Media Network

Bengaluru, Jan 13: Property tax is set to be hiked in all municipal areas coming under Karnataka Municipal Corporation Act 1976 with the State Cabinet approving an amendment to the Act based on Centre's direction.

The property tax is set to be revised in Bengaluru too. However, the proposal for an increase in property tax against user fee has now been dropped. 

Briefing reporters after the State Cabinet meeting chaired by chief minister B S Yediyurappa, the state law and parliamentary affairs minister J C Madhu Swamy said Cabinet on Wednesday decided to bring the amendment to sections 108, 109 and 109 A of Karnataka Municipal Corporation Act to revise property tax on residential houses and vacant sites to increase property tax in municipal areas based the guidance of the union government.

"We are keeping the proposal to levy user fee pending and are just increasing property tax. Till now, vacant sites had been kept out of the purview of property tax. This is being changed now based on union government direction," the minister said.

He said the amendment to the Municipal Corporations had been mandated by the centre and the state government is required to do it before January 25.

"This will help the state to increase borrowings from institutions. The revision and subsequent increase in property tax will improve the GSDP by 25 %," he added. 

Property owners will get some relief as the basis of calculating property tax has been reduced from 50% of the guidance value to 25% of the guidance value.

Further, vacant sites below the dimension of 1,000 sq. ft. has been exempted from the tax, he said. 

The State Cabinet also approved construction of 9,524 homes for police constables and 510 homes for police sub-inspectors across the state.

In all, 10,034 homes will be constructed over the next five years under the police housing scheme at a projected cost of Rs 2,000 crore.

"This is an annual scheme and project will be completed in five years," the minister said. 

In another decision, the State Cabinet approved Rs 15 crore towards subsidy released to silk growers during COVID 19 times.

The State Government also approved the release of Rs 5 crore this year towards the construction of 325 ft tall bronze statue of Saint Basaveshwara being installed at Sri Murugarajendra Mutt premises in Chitradurga.

"The State Government has approved Rs 20 crore towards the statue project of which Rs 10 crore has been released already. The State Cabinet approved the release of another Rs 5 crore," he said.

Rs 25 crore cultural centre at Banandur village in Ramanagara district in memory of late Balagangadharanatha Swamy of Adichunchangiri mutt has been approved, he added. 

Among other decisions, the State Cabinet approved the release of Rs 200 crore for filling up of 96 tanks in Tiptur taluk if Tumakuru district from Hemavathy and Yettinhole project. 

The State Cabinet also approved upgradation and modernisation of 155 ITIs out of 270 ITIs in the state at a cost of Rs. 4,636 crore, which will be executed by the Skills Development department in collaboration with Tata Technologies.

"Tata Technologies will bring 88% of the share. The government will stand guarantor for Rs. 657 crore for loans in nationalised banks. The state government will have to spend Rs 220 crore towards infrastructure development and cabinet has given approval for this,’’ he said. 

The State Cabinet has approved changes to cadre and recruitment rules of employees in persons with disabilities and senior citizens department to expand on the scope for promotion avenues. It has also extended the lease period for 4.24 acres given to International Flower Auction Board, Bengaluru till 2030-2031 besides deciding to increase the equity in the board till 2030-2031. 

 

 

 

  

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Comment on this article

  • vishnu bhat, bangalore

    Thu, Jan 14 2021

    public should boycott payment of property taxes en-masse, else this Govt will continue to invent new ways to loot - the BJP Govt is worse than any conquering invader.

    DisAgree Agree [11] Reply Report Abuse

  • David Pais, Mangalore

    Thu, Jan 14 2021

    tax from da communal fundoo govt 4 MY PROPERTY?????????

    DisAgree Agree [9] Reply Report Abuse

  • H. Almeida., Bendur/Andheri

    Thu, Jan 14 2021

    Readers, you will have to live in Mumbai, to realise that we are paying the highest tax slab, across India.... Comparably, property tax in Mangaluru, is very reasonable....

    DisAgree [11] Agree [2] Reply Report Abuse

  • Sunil K, Mangalore

    Thu, Jan 14 2021

    I don't know what voter see in this clueless BJP government which is bent on making our lives miserable. It took them only 7 years to ruin the 70 years of progress made by us.

    DisAgree [6] Agree [14] Reply Report Abuse

  • Dylan, Mangalore

    Wed, Jan 13 2021

    Only looting people left, right and center.

    DisAgree [2] Agree [30] Reply Report Abuse

  • Prakash, Mangaladevi, Mangalore

    Wed, Jan 13 2021

    Modiji ne kiya hai tho kuch soch samajkar kiya hoga

    Will pay the fee if property tax is higher than property is also fine with us

    DisAgree [21] Agree [11] Reply Report Abuse

  • Veer, Nagpur

    Wed, Jan 13 2021

    instead of talking for every tax payer you can donate to PM CARES Fund your whole livelihood to him in black, white or any other colour cash or digital, no questions asked. For 6 years there were no Soch and Samaj only unfulfilled promises, un achieved big announcements, foreign trips, one way monologue fake Bhashans during election time, flopped GST & demonetization, GDP -35%, unemployment 50 years high and monkey Ba’ath and continued unlimited faking. These are the only outstanding accomplishments and achievements of BJP govt Soch Samaj Kar Kiya Hai.

    DisAgree [3] Agree [20] Reply Report Abuse

  • Wilson, Udupi

    Thu, Jan 14 2021

    Now your parents are paying the taxes and giving you money for your daily expenses,when you start to pay then you will tell why we need this government,

    DisAgree Agree [7] Reply Report Abuse

  • Pili, Mangalore

    Wed, Jan 13 2021

    Breathing tax?

    DisAgree Agree [15] Reply Report Abuse

  • Sahil, Mangaluru

    Wed, Jan 13 2021

    Petrol
    Diesel
    GST
    TOLL GATE
    BUS FARE
    Air ticket hike.
    BANK INTEREST REDUCED ON FD
    GAS CYLINDER PRICE HIKE
    VEGETABLES HIKE
    MUTTON HIKE
    CHICKEN HIKE
    FISH HIKE
    Now property tax
    In which angle acche din? Please vote for BJP.

    DisAgree [2] Agree [39] Reply Report Abuse

  • Dev, Mangalore

    Wed, Jan 13 2021

    I had predicted this too. We get loans from foreign institutions they would push us to increase the taxes to recover their loan and interest. We promised millions to WHO we build statues we build buildings that doesn't benefit common people we tax or loot people through heavy fuel taxes. Good governance keep it up !
    Central govt is bankrupt is selling all govt properties RBI reserve is taken gold has been sent out to UK açcording to reliable source, which is happening after 40 years when Chandrashekar was PM. Now states are forced to borrow as they didn't get GET share. What Next?

    DisAgree Agree [15] Reply Report Abuse

  • Sahi, Mangaluru

    Wed, Jan 13 2021

    Thank you for the wonderful decision to feel the real heat of acche din.

    DisAgree Agree [16] Reply Report Abuse

  • Moshu, Mangaluru

    Wed, Jan 13 2021

    देश की जनता को अब भगवान भरोसे जीने की आदत डालनी पडेगी।

    DisAgree Agree [16] Reply Report Abuse

  • Veer, Nagpur

    Wed, Jan 13 2021

    People should complain to thier local ruling and opposition MLAs and should bring court order to stay property tax hike till the garbage issue, road maintenance where there are increase number of accidents, environment, drainage and sewer plant is constructed. Give a full account of tax paid earlier since there are no developments and change in services provided for tax paid.

    DisAgree Agree [26] Reply Report Abuse

  • Althaf Sheikh, Mangaluru

    Wed, Jan 13 2021

    Every where hike.. But salary no hike.......

    DisAgree Agree [34] Reply Report Abuse

  • Ruchir Agarwal, mangalore

    Wed, Jan 13 2021

    The property tax was doubled just 2 years ago. why this increase again? robbery in daylight

    DisAgree Agree [38] Reply Report Abuse

  • Deshbhakt, Mangalore

    Wed, Jan 13 2021

    Is this why expansion of the Cabinet or induction of new ministers took place ?? Common CM sir, where did you cater for buying the MLAs ? Use the same source. People are getting poorer in the Covid times, not rich. You guys shed your crores of assets and donate to boot the bill. Don't pass the pressure to the public.

    DisAgree Agree [40] Reply Report Abuse


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