CONFUSION-ERROR-SYSTEM FAILURE – BBMP PROPERTY TAX


The BBMP website for the collection of PROPERTY TAX for 2016-17 has defaulted in its operation or performance.  The BBMP is upgrading and rectifying the errors in their system and software. Hope it will be done soon.

 

MANYATA TECH PARK IS IN NEWS AGAIN FOR NON PAYMENT OF TAXES


It has become a fad for the developers and builders for not making (paying)the municipal and other taxes to the local authorities and in one such an instance, the BBMP has issued a notice to the Manyata Tech Park management (managed by a politician in power) to pay the revised taxes and as usual, the said developer refused to pay the taxes, citing so many irrelevant statues and as usual bring in a STAY ORDER.

In the meanwhile, Manyata Group is trying to Sell the lands near Devanahally, (KIADB) acquired for the development of Industry and this might also land up in soup.

In the similar manner another Delhi based developer, famous for all kinds of illegalities on earth, trying to sell lands in and around Nelamangala – Arkavathy belt, by buying the poor farmers land at throwaway prices.  The Farmers have already forwarded their memorandum to the PM.

New formula to compute property tax in Bangalore


New formula to compute property tax in Bangalore

The state government has decided to redraw area-wise zones based on current market guidance value.

The formula is that the property tax is based on the guidance value of the properties in the particular zone  and the tax will be charged accordingly. The tax hike might come into effect from April 1, 2016 as it had not been revised since 6 years.

The Bruhat Bengaluru Mahanagara Palike (BBMP) has already begun the zonal regulation process in all 198 wards.

TDS ON PROPERTY TRANSACTION FROM 01-06-2013


TAX DEDUCTED AT SOURCE (TDS) ON THE PROPERTY TRANSACTIONS ABOVE THE VALUE OF RS50 LAKHS IS EFFECTIVE FROM 01-06-2013, A NOTIFICATION TO THIS EFFECT IS PLACED BY THE INCOME TAX DEPARTMENT.  THIS NOTIFICATION IS NOT APPLICABLE TO AGRICULTURAL LANDS.

ONLINE TDS PAYMENT IS AVAILABLE AND THOSE, WHO CANNOT ACCESS IT, CAN MAKE/DEPOSIT THE TAX IN THE AUTHORISED BANKS.

THE VALUE OF THE PROPERTY IS CONSIDERED ON THE GUIDELINE VALUE PUBLISHED BY THE DEPARTMENT OF STAMPS AND REGISTRATION OR THE CONSIDERATION AMOUNT, WHICHEVER IS HIGHER.

BBMP building plan and the issues


TURN TO PAGE 3 AND READ THE GOOF UP

Read

http://archives.kannadaprabha.com/pdf/epaper.asp?pdfdate=3/5/2013

MUNICIPAL TAXES WILL BE INCREASED BY 20% AND BESCOM POWER TARIFF MAY BE HIKED


BBMP TAXATION COMMITTEE PROPOSE 20% INCREASE IN THE MUNICIPAL TAX AT BANGALORE AND THE BESCOM HAS SUBMITTED AN APPLICATION BEFORE THE KERC FOR AN INCREASE OF 70 PAISE PER UNIT OF POWER SUPPLIED IN KARNATAKA.

DOCUMENTS REQUIRED TO SCRUTINISE AGRICULTURAL LAND OR REVENUE LANDS OR REVENUE SITES/PROPERTIES


THE FOLLOWING DOCUMENTS MIGHT BE REQUIRED for  the  EXAMINATION.

1). MOTHER DEED.

2). SALE DEED/PARTITION DEED/WILL/GIFT DEED/RELEASE DEED/RELINQUISHMENT DEED/COURT DECREE/ANY OTHER RELEVANT DOCUMENTS.

3). RTC FROM THE BEGINNING.

4). MUTATION.

5).RR/SAGUVALI CHIT/GRANT CERTIFICATE/LAND TRIBUNAL ORDER/RRT ORDERS,IF ANY( FULL FILE)

6). ILR/PHODI/HUDBUST.

7). ATLAS.

8). AKARBANDH  & TIPPANY

9). RR BALABAGADA NAKALU.

10). SURVEY SKETCH.

11). HISSA TIPPANY.

12). VILLAGE MAP.(OFFICIAL)

13). FORM NO.9 AND FORM NO.10.(GRAMATANA SITES) ORIGINAL GRAMATANA AS PER VILLAGE & FORM NO.11 SIGNED AND SEALED BY THE EO FOR THE GRAMATANA SITES.

14). PASS BOOK.

15). NOC FROM THASILDAR UNDER PTCL ACT.

16). NOC FROM THASILDAR :FORM NO.7.

17). NOC UNDER 79A AND 79B OF KLR ACT.

19). UP TO DATE TAX PAID RECEIPT.

20). FAMILY TREE ISSUED BY THE REVENUE AUTHORITIES OR VA.

21). ENCUMBRANCE CERTIFICATE FOR THE LAST 30 YEARS.

22). PHOTO IDENTITY CARDS OF ALL FAMILY MEMBERS (IUD OR VOTERS ID), IF IT IS AN ANCESTRAL PROPERTY.

23). IF IT IS A RESALE PROPERTY- SELLERS INCOME TAX RETURNS.

24). O.S/WP/RRT- PLAINT COPY ( FULL FILE) & COMPROMISE PETITION AND ORDER (FULL FILE) IF ANY.