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Explainer: Tax-zones, Bhu-Aadhaar and other BBMP property tax guidelines
Every year, the Bruhat Bengaluru Mahanagara Palike (BBMP) collects property tax during the months of April and May, and a 5% rebate is accorded to encourage timely tax payments. This year, however, BBMP has extended the 5% rebate period for property tax payments until July 31, 2024. If you are a property owner in Bengaluru, you can take advantage of this extended rebate period to pay your property tax before the deadline. One of the reasons for the extension, beyond the regular deadline of April 30th, is the Lok Sabha Elections. According to a circular issued by BBMP Chief Commissioner…