Q: The Property Tax in hoskote has gone up by 3 times compared to the year 2014-2015. For a 1225 squarefeet propery They are asking to pay 12000+ as tax amount which I don't pay even in Sahakar Nagar. I paid 4400 as tax in sahakar nagar for a property of 1800+ sqauarefeet. I think this require public attention as the Panchayath is impossing tax without any proper norms
1. The financial year for 2015-16 commences from April 1, 2015
2. Since the existing rates of Property Tax is continued for this financial year the taxes can be paid at the rates as in the previous year 2013-14, under the Self Assessment Scheme (without taking additional depreciation towards age of the building). That is the statement from BBMP. So I wonder how the tax is so high for Petnahalli Village officer.
Agreed. I think you should take suggest and advice from our legal expert because if BBMP has told you to pay the tax as in the previous year 2013-14, then how come the tax in Petnahalli village is more
Hi Leo, How did you come to know about this? This is totally illegal I feel, how can the property tax in a particular area increase by 3 times to the year 2014-2015