Karnataka govt revises range of property tax
Team Udayavani, Jan 20, 2021, 10:52 AM IST
Bengaluru: The Karnataka government revised the property tax rate on Tuesday.
In a notification, the government informed of amendments brought in the Karnataka Municipal Corporations Act and the Karnataka Municipalities Act to this effect.
The property tax range has been changed to between 0.2 per cent and 1.5 per cent of a property’s capital value. The previous range was between 0.3 per cent and 1 per cent.
The new tax range is applicable for residential, and non-commercial properties along with vacant spaces of more than 1,000 square feet abutting a building.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Rains bring respite from scorching heat in DK and Udupi
PM Modi to address public meetings in Bengaluru and Chikkaballapura today
BJP trying to impose Governor’s rule in Karnataka, claims Deputy CM Shivakumar
Shivakumar desperately wants to become CM, says K’taka BJP chief Vijayendra
M’luru: Hotelier approaches consumer court after car filled with diesel instead of petrol
MUST WATCH
Latest Additions
Bitcoin’s latest ‘halving’ has arrived. Here’s what you need to know
Indian sentenced for five years for selling controlled substance on dark web
Congress backing polygamy by supporting personal laws: Ravi Shankar Prasad
Lok Sabha Elections 2024: Nitish Kumar has no principles, more dangerous than BJP: Congress chief Mallikarjun Kharge
Continuation of MCC restrictions after polling in Tamil Nadu violation of citizens’ rights: Chidambaram