I OWN A FLAT IN PATEL REALTY, SMONDOVILLE PHASE 1 , ELECTRONIC CITY , BANGALORE. I AM NOT RESIDENT OF BANGALORE . CAN I KNOW IF I CAN PAY THE PROPERTY TAX ONLINE ? OR ELSE DOES THE SMONDOVILLE ASSOCIATION HAVE ANY ARRANGEMENT WITH THE GRAM PANCHAYAT AUTHORITIES TO PAY TAX ? THOSE WHO PAY TAX REGULARLY PLEASE REPLY .
It is expected that the annual tax rate levied is up to 0.10% of a residential propertys original value, 0.20% of a commercial propertys value, up to 1% of an industrial propertys value and so on. A gram panchayat is also allowed to collect cess on the total tax collected - education-10%, health-15%, library-6%, and beggary-3%.
No, the state government has directed Gram Panchayats to revise property tax rates and maximise tax collection. The Bengaluru Urban district has 95 gram panchayats that are empowered to levy taxes on residential, commercial, industrial properties as well as vacant plots, hoardings, mobile towers among others. The government has taken serious exception to the fact that 71 out of 95 gram panchayats in the city district have not revised their tax rates for the past four years, whereas they are required to revise rates once in two years. But they did not do so.
This is because, the gram panchayats in Bengaluru Urban achieved a tax collection efficiency of just 49% while authorities collected only Rs 92.9 crore against a total demand of Rs 189.61 crore. So, they have formed a committee under the chief executive officer to guide every Gram Panchayat on tax revision and collection.