Karnataka Deputy Chief Minister D.Okay. Shivakumar expressed his displeasure over Bengaluru’s property tax assortment and mentioned he’s not glad with the Self-Evaluation Scheme (SAS) of Bruhat Bengaluru Mahanagara Palike (BBMP).
The most important downside we face is with Bengaluru’s property tax assortment, the deputy chief minister mentioned on Thursday, including that he’s not glad with the SAS.
The Self-Evaluation Scheme, launched by the BBMP, permits residents to decide on between varied zones based mostly on the character of property within the metropolis and self-assess their property tax legal responsibility.
Shivakumar mentioned the SAS scheme was launched with so much and hope from the residents. “We have now seen lots of trials. We have now been capable of accumulate solely Rs 3,000 crore plus in a monetary 12 months which isn’t in any respect sufficient. For a mega metropolis like Bengaluru, Rs 3,000 crore is just not sufficient in any respect,” he was quoted as saying.
He noticed that poor property tax assortment would imply that the BBMP will depend on the state authorities for added funds and added that the federal government is unable to pump funds into the civic physique. “Therefore, we’re braining storming to revise the SAS with a brand new scheme.”
Reacting to the problem of not simply residents, however authorities places of work too are failing to pay property tax, the deputy chief minister mentioned the precedence is to examine what number of state and central authorities places of work didn’t pay property tax.
He mentioned even public sector enterprises like HAL, BEL or HMT must cough up taxes and added that he has written to the heads of those corporations relating to this.