Public utilities are maintained and funded primarily through taxes. We know that taxes are imposed on various incomes and services, such as income from house property, income from goods sold, and income from providing services to clients. It is the owner of the property who is responsible for BBMP online tax payment.
In each state, municipal corporations are responsible for levying property taxes. Roads, drainage systems, parks, and other public areas are maintained by municipal corporations. Municipal corporations are delegated the power to levy taxes on behalf of the state, so the mode and rate of payment vary in different cities. For citizens, understanding the payment of taxes is another complicated task to handle when owning a property. It has been made easier to pay and calculate taxes online by municipal corporations.
Bruhat Bengaluru Mahanagara Palike collects property tax from Bangalore property owners. All civic facilities in the city are maintained by municipal corporations with the help of these funds. Unit area value (UAV) is used to calculate property taxes. Taxes are calculated according to expected returns, usage, and location in the UAV system.
Due Date and Rebate of Property Tax
It is necessary to pay the property tax by the 30th April of each year. Taxes must be paid in a single installment and before the due date to qualify for a rebate of 5%. In the case of two installments, the rebate cannot be claimed. Every month, there is a 2% penalty for non-payment of tax.
Properties that Attract Tax
- Residential houses
- Factory buildings
- Office buildings
- Godowns
- Shops
- Flats
If the houses are rented or self-occupied, property tax will apply.
Invoice number for the BBMP
- Visit the official website of the BBMP for more information
- Select the new PID section based on GIS
- Search your property using the older application number
- View the details of the property and personal information
- This information can be saved and downloaded for future reference by the taxpayer
- By visiting the ward or branch of the BBMP, you can make the changes
- It is the taxpayer’s responsibility to save the application number
Zones Under BBMP
A property’s property tax is also determined by its zone. There are two types of zones: residential and non-residential.
Tax zones within the BBMP are listed below
- East
- West
- South
- Yelahanka
- Mahadevpura
- Bommanahalli
- Rajrajeshwari Nagar
- Dasarahalli
Tax Benefits
For an assessment year that meets the conditions, GAV can be deducted from computed income under house property
The property has a GAV greater than zero, so it is self-occupied
Taxes have been paid by the owner of the property
Remember these important points
The taxpayer may declare a self-occupied property if it is not rented or self-occupied.
The property tax must be paid only for half of the year if construction has been completed after 1st October each year
In the case of a property that has been demolished, the assessee is responsible for paying tax on the vacant land.
There should be no balconies, verandas, or parking areas in the built-up areas.
Forms must be submitted with the tax payment twice a year.
FAQs
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Property tax in BBMP: what is it?
Property tax is a tax that citizens residing in Bengaluru must pay to the municipal corporation. The BBMP tax is a mandatory tax collected by the state government to maintain civic amenities.
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How do A Khata and B Khata differ?
Khata documents refer to BBMP’s list of illegal properties. They confirm that the taxpayer has paid the dues against their properties.
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Why is BBMP called BBMP?
Its name stands for Bruhat Bengaluru Mahanagara Palike.
Read more
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