The New Indian Express 10.12.2010
BBMP gets Rs 900 crore from property tax
The Palike’s budget for 2010 had estimated to earn Rs 1,500 crore from property tax this year.
The BBMP stated in a release that they were pursuing efforts to ensure that all the properties are brought under the tax net.
The drive to collect property taxes was started in all the eight zones of the BBMP.
No one will be spared: Siddaiah
The commissioner stated that the ongoing survey would be completed within a month and those properties that do come under the tax net and had not paid their dues would be served notices.
Added to this, the commissioner said even those who falsely declare their property tax would be dealt with sternly.
Siddaiah said the Palike would undertake all efforts in its endeavour to ensure that they reach the target of collecting Rs 1,500 crore from property tax by March 31, 2011.
