Poster - On - Property Tax

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#31/1, 1st Floor, M K Puttalingaiah Road, Padmanabhanagar, Bangalore-560 070.

Tel: 2669 9085/4209 4062

PROPOSAL BY BBMP TO INCREASE PROPERTY TAXES


WHAT THE CITIZENS WANT
1. Restore the block period for revision of property taxes to 5 years
from the present 3 years.

2. BBMP to maintain an updated Property Register at all times as


mandated under the KMC Act.

3. Widen the tax base and achieve at least 90% compliance

4. Draw a time bound Plan of Action to increase the revenues from


sources other than property taxes like rental income from BBMP
Properties, Licensing Fees, Taxes on Hoardings etc.

5. Prepare a white paper on the total amount of taxes collected by


the State and Central Governments in Bangalore.

6. Place it before the Finance Commission and demand devolution of


at least 8 to 10% to BBMP.

7. Revamp the list of exempted categories.

8. Initiate Capacity Building exercises to enable BBMP to take up and


execute projects up to Rs 5000 crores per annum.

9. Ensure that all the above tasks are completed within a time frame
of THREE years.

ENSURE PROPER CITIZEN PARTICIPATION IN ALL THE


ABOVE
#31/1, 1st Floor, M K Puttalingaiah Road, Padmanabhanagar, Bangalore-560 070.
Tel: 2669 9085/4209 4062

REVENUE POTENTIAL
Rs in Crores

1. Property taxes 2250.00

2. Rental Income from BBMP Properties 1000.00

3. Advertisement Hoardings 300.00

4. Licensing and other Fees 250.00

5. Grants from State/Central Governments 500.00

6. Devolution of Fund from the taxes

collected by the State and Central

Governments in BBMP area 4000.00

TOTAL 8300.00

1. Target for the First year 50% 4150.00

2. Target for the Second Year 70% 5810.00

3. Target for the Third Year 80% 6640.00


#31/1, 1st Floor, M K Puttalingaiah Road, Padmanabhanagar, Bangalore-560 070.
Tel: 2669 9085/4209 4062

ROLE OF STAKE HOLDERS


A: Resident Welfare Associations:

1. To create awareness about the various aspects of revenue


mobilisation and the need for a significant majority of Building
Owners to pay taxes.

2. To arrange for interactive meetings with the Corporators and the


MLAs and appraise them of their role in the above.

3. To bring sustained pressure by making these Election Issues and


inform them that their getting elected next time depends solely on
the efforts that they put in towards realising the citizens mandate.

B: Bangalore City MLAs

1. To initiate necessary action to amend the KMC Act to achieve the


above.

2. To place before the Finance Commission to devolve funds from the


State Pool.

C: Corporators:

1. To pass a resolution demanding the restoration of the Block Revision


Period to FIVE YEARS & send it to the State Government.

2. To pass a resolution demanding that the Commissioner of BBMP


initiates action to update the Property Register, Revise the rentals as
per market prices, Initiate action to collect proper fees for
Advertisement Hoardings, Instruct ward level officers to collect the
Trade License Fees, Road Cutting Charges, Building Plan Sanction
charges etc as per set targets.

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