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BBMP Property Tax Online Payment 2024 at bbmptax.karnataka.gov.in :- Bruhat Bengaluru Mahanagara Palike (BBMP) is the administrative body responsible for civic amenities and some infrastructural assets of the Greater Bengaluru metropolitan area. It is the fourth largest Municipal Corporation in India and is responsible for a population of 8.4 million in an area of 741 km².
BBMP was founded in 1862 and is responsible for a wide range of functions, including:
- Providing water supply and sanitation
- Maintaining roads and bridges
- Collecting property tax
- Protecting the environment
- Promoting tourism
- Providing education and healthcare services
- Managing public transport
- Regulating land use
BBMP is headed by a Mayor, who is elected by the members of the BBMP Council. The Council is made up of 243 members, who are elected from wards across the city.
BBMP is divided into eight zones, each of which is headed by a Joint Commissioner. The zones are further divided into 198 wards, each of which is headed by a Ward Officer.
BBMP’s budget for the 2023-24 financial year is ₹86,282 crore (US$11.4 billion).
BBMP has been facing a number of challenges in recent years, including:
- A shortage of funds
- A growing population
- Traffic congestion
- Air pollution
- Water scarcity
Despite these challenges, BBMP is working to improve the quality of life for its citizens. The corporation has a number of initiatives in place to address the challenges it faces, including:
- The “Smart City” initiative, which aims to use technology to improve the efficiency of BBMP’s operations
- The “Namma Metro” project, which is building a metro rail network for Bengaluru
- The “Swachh Bharat Abhiyan” campaign, which aims to clean up Bengaluru
- The “Bengaluru Bruhat Mahanagara Samsthe” (BBMS) project, which is a joint venture between BBMP and the Government of Karnataka to develop infrastructure in Bengaluru
BBMP is a vital organization that plays a critical role in the development and management of Bengaluru. The corporation is facing a number of challenges, but it is working to improve the quality of life for its citizens.
BBMP Property Tax Online Payment :
The Bruhat Bengaluru Mahanagara Palike (BBMP) is responsible for the collection of property tax in Bangalore. Property tax is a levy imposed by the government on the owners of immovable property. The tax is calculated based on the value of the property and the rate of tax applicable to the property.
Property Tax in Bangalore is calculated based on the following formula:
Property tax = (Building value x Zone factor x Category factor x Age factor) x Rate of tax
- Building value: The building value is the assessed value of the property. The assessed value is determined by the BBMP based on the size, type, and location of the property.
- Zone factor: The zone factor is a multiplier that is applied to the building value. The zone factor varies depending on the location of the property.
- Category factor: The category factor is a multiplier that is applied to the building value. The category factor varies depending on the type of property.
- Age factor: The age factor is a multiplier that is applied to the building value. The age factor varies depending on the age of the property.
- Rate of tax: The rate of tax is a percentage that is applied to the building value after it has been multiplied by the zone factor, category factor, and age factor. The rate of tax varies depending on the type of property.
The BBMP offers a number of discounts on property tax. The discounts are available to senior citizens, women, and ex-servicemen. The BBMP also offers a discount for online payment of property tax.
Property tax in Bangalore is payable in advance for the entire financial year. The due date for payment of property tax is 31st March of each year. Late payment of property tax is subject to a penalty.
You can pay your property tax online through the BBMP website or through the BBMP mobile app. You can also pay your property tax at any BBMP designated bank branch.
To pay your property tax online, you will need your property tax assessment number (PTAN). Your PTAN can be found on your property tax bill or on the BBMP website.
To pay your property tax at a designated bank branch, you will need your property tax assessment number (PTAN) and your property tax bill.
The BBMP offers a number of services to taxpayers, including:
- Property Tax assessment
- Property Tax payment
- Property Tax grievance redressal
- Property Tax information
You can access these services online, through the BBMP mobile app, or at any BBMP designated bank branch.
The BBMP is committed to providing taxpayers with a hassle-free experience. The corporation has a number of initiatives in place to improve the efficiency of its property tax administration, including:
- Online Property tax assessment
- Online Property tax payment
- Online Property tax grievance redressal
- Online Property tax information
The BBMP is also working to improve the accuracy of its property tax assessments. The corporation has a number of initiatives in place to improve the quality of its data, including:
- Digitization of property tax records
- GIS mapping of properties
- Use of satellite imagery to assess property values
The BBMP is committed to providing taxpayers with a fair and equitable property tax system. The corporation is working to ensure that all taxpayers pay their fair share of property tax. If you have any questions about BBMP property tax, you can contact the BBMP through its website, mobile app, or call center.
BBMP Property Tax Online Payment 2024
Here are the steps on how to pay your BBMP property tax online for the assessment year 2023-2024:
- STEP 1: Check your Property Tax Bill
Before you start the online payment process, make sure that you have your property tax bill handy. You will need to enter your 17-digit property tax assessment number (PTAN) to proceed. You can find your PTAN on your property tax bill or on the BBMP website.
- STEP 2: Go to the BBMP Property tax website
Once you have your PTAN, go to the BBMP property tax website at https://bbmptax.karnataka.gov.in/.
- STEP 3: Enter your PTAN and Click on “Proceed”
On the BBMP property tax website, enter your PTAN in the box provided and click on “Proceed”.
- STEP 4: Select your payment method
You can choose to pay your property tax online using a credit card, debit card, net banking, or UPI.
- STEP 5: Enter your payment details
Enter your payment details and click on “Pay”.
- STEP 6: Print your Receipt
Once your Payment is successful, you will be able to print your receipt.
Property Tax forms OF BBMP :
There are different property tax forms for different types of properties and payment methods. Here are some of the most common forms:
- Form I: This form is used for owners of self-occupied residential properties.
- Form II: This form is used for owners of properties that are rented out or used for commercial purposes.
- Form III: This form is used for owners of properties that are vacant or under construction.
- Form IV: This form is used for making the first installment of property tax.
- Form V: This form is used for making the second installment of property tax.
- Form VI: This form is used for making the full payment of property tax.
- Form VII: This form is used for correcting any errors in the property tax bill.
- Form VIII: This form is used for applying for a rebate on property tax.
- Form IX: This form is used for applying for a waiver of property tax.
You can download these forms from the BBMP website or from the BBMP mobile app. You can also fill out these forms online at the BBMP website.
Please note that these are just some of the most common property tax forms. There may be other forms that are applicable to your specific situation. You can contact the BBMP for more information.
Property Considerable for BBMP Property Tax :
The properties that are considered for BBMP property tax are:
- Self-occupied residential properties: This includes houses, apartments, and flats that are occupied by the owner.
- Rented-out residential properties: This includes houses, apartments, and flats that are rented out to tenants.
- Commercial properties: This includes shops, offices, industrial buildings, and other commercial properties.
- Vacant properties: This includes houses, apartments, and flats that are vacant.
- Properties under construction: This includes houses, apartments, and flats that are under construction.
The BBMP Property tax is calculated based on the following factors:
- Building Value: The building value is the assessed value of the property. The assessed value is determined by the BBMP based on the size, type, and location of the property.
- Zone Factor: The zone factor is a multiplier that is applied to the building value. The zone factor varies depending on the location of the property.
- Category Factor: The category factor is a multiplier that is applied to the building value. The category factor varies depending on the type of property.
- Age Factor: The age factor is a multiplier that is applied to the building value. The age factor varies depending on the age of the property.
- Rate of Tax: The rate of tax is a percentage that is applied to the building value after it has been multiplied by the zone factor, category factor, and age factor. The rate of tax varies depending on the type of property.
The BBMP offers a number of discounts on property tax. The discounts are available to senior citizens, women, and ex-servicemen. The BBMP also offers a discount for online payment of Property Tax.
BBMP Property Calculation :
The calculation of BBMP property tax is a complex process that involves several factors, including the building value, zone factor, category factor, age factor, and rate of tax.
Building value
The building value is the assessed value of the property. The assessed value is determined by the BBMP based on the size, type, and location of the property. The size of the property is measured in square feet. The type of property is classified as residential, commercial, industrial, or agricultural. The location of the property is determined by the zone in which it is located.
Zone factor
The zone factor is a multiplier that is applied to the building value. The zone factor varies depending on the location of the property. There are eight zones in Bangalore, and each zone has a different zone factor. The zone factor is highest in the central business district and lowest in the outskirts of the city.
Category factor
The category factor is a multiplier that is applied to the building value. The category factor varies depending on the type of property. Residential properties have a lower category factor than commercial properties. Industrial properties have the highest category factor.
Age factor
The age factor is a multiplier that is applied to the building value. The age factor varies depending on the age of the property. Older properties have a lower age factor than newer properties.
Rate of tax
The rate of tax is a percentage that is applied to the building value after it has been multiplied by the zone factor, category factor, and age factor. The rate of tax varies depending on the type of property. Residential properties have a lower rate of tax than commercial properties. Industrial properties have the highest rate of tax.
Example
Let’s say that you own a 1,000 square foot residential property in Zone 1. The property is 10 years old. The building value of the property is ₹10,00,000. The zone factor for Zone 1 is 1.25. The category factor for residential properties is 0.75. The age factor for a 10-year-old property is 0.9. The rate of tax for residential properties in Zone 1 is 1%.
The BBMP property tax for your property would be calculated as follows:
Property tax = (Building value x Zone factor x Category factor x Age factor) x Rate of tax Property tax = (₹10,00,000 x 1.25 x 0.75 x 0.9) x 1% Property tax = ₹93,750
Therefore, the BBMP property tax for your property would be ₹93,750.
You can pay your BBMP property tax online, at a BBMP designated bank branch, or at the BBMP head office. You can also pay your BBMP Property Tax in Installments.
