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Wednesday, November 27, 2024

BBMP Confirms: No Increase in Property Tax

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Bruhat Bengaluru Mahanagara Palike (BBMP) has debunked recent media reports suggesting an impending increase in property tax within its jurisdiction. The municipal corporation clarified that there is neither a proposal nor any intention to raise property tax rates.

In a statement issued on Wednesday, BBMP categorically stated that there will be no proposal put forth to increase property tax. The clarification aims to dispel any rumors or speculations circulating among citizens regarding potential hikes in property taxes.

This assurance from BBMP comes as a relief to residents and property owners in Bangalore, reaffirming that the current tax rates will remain unchanged. Citizens are urged not to pay heed to any unfounded rumors regarding property tax adjustments.

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