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Tax rebate bait for early birds

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The New Indian Express 01.04.2010

Tax rebate bait for early birds


BANGALORE: It’s time to pay your property tax again. With the BBMP starting the process of collecting property tax for the current year 2010-11 from Thursday, property owners can avail five per cent rebate by making the entire payment within 30 days. BBMP finished the process of collecting property tax for the year 2009- 2010 on Wednesday.

Those making payment after November 30 will have to pay two per cent interest per month as penalty.

Property documents at B’loreOne centres

Meanwhile, the department of stamps and registration is mulling over making available encumbrance certificate and other property documents at BangaloreOne centres. This will help people avoid long queues at the sub-registrar's office to get the documents.

KR Niranjan, inspector general of registration and commissioner of stamps told Express: “We have discussed the plan with the e-governance department. It will be implemented as soon as the e-governance department provides the software and other facilities,” he said.

He said that there will be no change in the waiting period or the fee to get an encumbrance certificate. However, the applicant may need to pay a small service charge to the BangaloreOne centre, he added. This facility will enable people to get certificates even after regular office hours as BangaloreOne centres are open till 7.30 pm.

Last Updated on Thursday, 01 April 2010 11:15