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Educated evading taxes: Mayor

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Deccan Chronicle               09.12.2013

Educated evading taxes: Mayor

Biocon CMD and B.PAC president Kiran Mazumdar Shaw, secretary Jairaj, mayor Katte Satyanarayana and city police commissioner Raghavendra H. Auradkar at Bharatiya Vidya Bhavan on Friday 	—DC
Biocon CMD and B.PAC president Kiran Mazumdar Shaw, secretary Jairaj, mayor Katte Satyanarayana and city police commissioner Raghavendra H. Auradkar at Bharatiya Vidya Bhavan on Friday —DC

Bangalore: Less than 24 hours after high court rapped BBMP for its ‘uncivilised’manner of property collection, Mayor Katte Satyanarayana on Friday said the educated class figures prominently among tax defaulters. When the BBMP resort to a collection drive it hurts them, he said.

At the inaugural session of 'B.PAC Civic leadership Incubator Program (B.CLIP)'  he said that industries making a profit of Rs 5 crore and above have to pay two per cent of their profits to the local municipal body.

But IT-BT companies are paying all forms of taxes to the state government. If it is paid to the civic body, the BBMP would get Rs 250 crore, which can be utilised for development work, the Mayor said.

Although the BBMP jurisdiction houses over 16 lakh properties, less than 10 lakh property owners pay the tax and it has become tough to bring everyone under the tax net.

The BBMP revenue authorities are taking the help of technology to bring all the property owners under the tax net, he added.