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Property tax in all municipal areas in state, including Bengaluru to go up
Wed, Jan 13 2021 07:35:09 PM
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.