It is common knowledge that some property owners ( Constructed Buildings ) declare the lesser extent of the constructed area either commercial or residential buildings to evade taxes, is done deliberately. There are some, who have built commercial buildings and are paying taxes as RESIDENTIAL BUILDINGS. There are few, who have leased or let out … Continue reading PROPERTY OR MUNICIPAL TAXES – UNDER VALUED AND UNDER PAID
Tag: bbmp property taxes
MANYATA TECH – NON PAYMENT OF PROPERTY TAX – BBMP ATTACHES MOVABLES
In a rarest of the rare incident, the BBMP has attached some movables like xerox machines, chairs, tables worth few thousands to recover Rs200+ crores of taxes from Manyata Tech Park in Rachenahally and Hennur, Bangalore North.
PROPERTY TAXES IN BENGALURU FROM 01-04-2016
The property taxes in BBMP limits has been revised and the new tax slabs will come into effect from 01-04-2016. The increase in the taxes is based on the guideline value or the property registration value and the hike is expected around 10% to 20% and the actual increase as per the guideline value will … Continue reading PROPERTY TAXES IN BENGALURU FROM 01-04-2016
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