8/7/2019 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 WANT1. 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% compliance4. 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 bythe State and Central Governments in Bangalore.

6. Place it before the Finance Commission and demand devolution ofat 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 frameof THREE years.

ENSURE PROPER CITIZEN PARTICIPATION IN ALL THE

ABOVE

8/7/2019 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

REVENUE POTENTIAL

Rs in Crores

1.Property taxes 2250.002.Rental Income from BBMP Properties 1000.003.Advertisement Hoardings 300.004.Licensing and other Fees 250.005.Grants from State/Central Governments 500.006.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% 4150.002.Target for the Second Year 70% 5810.003.Target for the Third Year 80% 6640.00

8/7/2019 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

ROLE OF STAKE HOLDERS

A: Resident Welfare Associations:

1. To create awareness about the various aspects of revenuemobilisation and the need for a significant majority of Building

Owners to pay taxes.

2. To arrange for interactive meetings with the Corporators and theMLAs and appraise them of their role in the above.

3. To bring sustained pressure by making these Election Issues andinform 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 theabove.

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

C: Corporators:

1. To pass a resolution demanding the restoration of the Block RevisionPeriod to FIVE YEARS & send it to the State Government.

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