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The state government has approved the draft rule for property tax under the Self Assessment Scheme (SAS) proposed by the BBMP. The BBMP has called for suggestions and objections from the public within 15 days, after which it will start collecting the Read More...
The BBMP has resorted to an almost tenfold increase in the building licence fee, ground rent and charges to obtain certified copies of the plan. The new rates were approved by BBMP Administrator Dilip Rau on November 17 and came into effect on December Read More...
Property owners in Bangalore City will have to switch over to the new method of property tax assessment — Capital Value based assessment System (CVS) — from the next financial year (from April 1, 2008) instead of the existing Annual Rentable Read More...
The ambitious Sakrama — building regularisation scheme — may have come as a breather for owners of buildings with violations. But till it gets off the ground and cases are settled, the BBMP has decided to milch the cow. With the Capital Value Read More...
New properties and unassessed buildings will come under the new property tax regime — Capital Value System (CVS). However, existing tax-payers will continue under the old Self-Assessment Scheme (SAS). The BBMP has now opened up its second half-yearly Read More...
BANGALORE : Four BBMP projects worth Rs 116 crore have been approved by the Ministry of Urban Development on Friday. The projects are sanctioned under the Jawaharlal Nehru National Urban Renewal Mission. The projects are the grade separators at Yeshwantpur, Read More...