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Pay Your Property Tax or Pay Double

Friday, June 12th, 2009

School admissions, reopening of school, school fees, paying property tax, filing returns…etc makes citizen busy in this June. Government has changed the last date for paying property tax for 2009-10 from June 30 to July 30. This gives relief to tax payers and advantage of tax rebate can be enjoyed by making prompt payment on or before July 30.

BBMP gets more time to examine the details of defaulters and advise them for paying property tax in time. This will enables property owners to avoid paying penalty or double amount. Property owners who has paid wrong tax amount can file returns without penalty on or before June 30, 2009. After June 30, BBMP will issue notice to defaulters of property tax 2008-09 and the tax has to be paid within 15 days from the receipt of notice. If property tax is not paid within 15 days, a distress warrant will be issued to attach movable properties in the house towards property tax payment.

Pay your 2nd installment for property tax 2008-09 on or before June 30 and avoid paying penalty. If you made any default in 1st installment, you will have to pay 2% interest per month.

Three factors considered by Government to change the deadline

In June property owners may find difficult to make prompt payment because of school admissions and paying school fees for the month. Also they won’t be able to get benefit of 5% rebate if they pay in July.
Second factor is that BBMP has more time to examine the list of defaulters and advise them in right time.
Finally, property owners who has paid wrong tax amount can file returns without penalty.

Online helpline against tax evaders

BBMP has come up with online helpline for people who are willing to partner against tax evaders. A brown link enables people to submit details of tax evaders. The service is available in BBMP’s official website http://www.bmponline.org/. The page contains details of Assistant Revenue Officer (ARO), Ward name and Street name. Once these are selected, click on report to see the details of property. Brown Link helps citizen to provide information of defaulters and will not enclose senders’ details. Senders’ detail will be kept confidential.

Revised tax calendar

  • June 30:

Last date for paying 2nd installment of property tax 2008-09
2% interest for each month if any default in first installment of property tax 2008-09
File returns for wrong amount paid by property owner without penalty.

  • July 30:

Last date for first installment of property tax for period 2009-10
Last date to avail rebate for tax paid full 2009-10

  • August 30:

Last date for whole period or paying property tax 2009-10 without penal 2% interest per month.
Links To Refer

http://www.bmponline.org/

Documents required for property Registration

karnataka-property-tax-2009

timesofindia.indiatimes.com

Revised Tax Calendar

Monday, June 1st, 2009

Previous deadline for collecting property tax for current block period (2008-09) was Saturday May 30. Revised date for current block period is June 30 without 2% penal interest. The revision will also be incorporated into online tax calculator on civic agency’s website starting on June 1, 2009. Interest for late payment of first half year will continue. BBMP said, there was significant tax collection as the previous deadline was last Saturday May 31, 2009.

Tax counter for new block period (2009-10) will open on July 1 and last date for paying tax for whole year on first half year without 2% penal interest will be on August 30. As per revised tax calendar, last date to avail rebate for tax paid in full will be on July 30. Property owners get one more time as previous deadline for property tax 2008-09 was moved to June 30.

Important Links to follow: