Bengaluru: EMI option proposed for property tax payments
Bengaluru: The State Finance Commission (SFC) has proposed introducing an EMI scheme for property tax payments in Bengaluru to improve collection efficiency and ease the burden on taxpayers, The Indian Express reported on Wednesday.
The move, as per the fifth SFC report on five city corporations under Greater Bengaluru Authority (GBA), would help in increasing property tax collection efficiency. “A lump-sum payment each year might be difficult to manage, and splitting it into monthly payments might make it easier to pay while also softening the impact,” the report said.
The commission has also suggested offering rebates for timely payment of property tax, similar to the 5 per cent rebate previously offered by the erstwhile Bruhat Bengaluru Mahanagara Palike (BBMP). Such a measure, the SFC observed, “can also incentivise people to pay on time.”
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Data cited in the report shows that as of September last year, the BBMP had identified around 2.75 lakh defaulters who owed Rs 786 cr in property tax dues. This came after the civic body recovered nearly Rs 1,200 crore in arrears through a one-time settlement scheme, which offered a full waiver of interest on arrears and a 50 per cent reduction in penalties.
According to the SFC, bringing unassessed properties under the tax net was expected to add approximately Rs 1,000 crore annually to the property tax revenue of five city corporations. It was being done by integrating the GIS-based e-khata system with the property tax system. The report said that “There are nearly five lakh properties that have not been brought under the tax net and remain unassessed.”
Another recommendation includes cross-checking property tax records with Bangalore Electricity Supply Company Limited (BESCOM) data, especially for new connections, using GBA’s building licence data.
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Rickelton's ton in vain as SRH beat MI by 6 wickets
Mumbai (PTI): Ryan Rickelton's whirlwind unbeaten ton was overshadowed by Heinrich Klaasen's unbeaten 65 as Sunrisers Hyderabad defeated Mumbai Indians by six wickets in an IPL match here on Wednesday.
Chasing an imposing 244-run target, Travis Head (76 off 30) and Abhishek Sharma (45 off 24) shared 129 runs for the opening wicket to set the platform for SRH.
Klaasen (65 not out off 30 balls) then displayed his all-round hitting abilities to guide SRH home with the help of Nitish Kumar Reddy (21) and Salil Arora (30 not out off 10) in 18.4 overs.
Earlier, Rickelton's knock powered MI to 243 for five.
MI rode on a 93-run stand between Rickelton (123 not out off 55 balls) and Will Jacks (46 off 22) in 7.1 overs for the opening stand to power the side.
MI skipper Hardik Pandya scored a valuable 31 off 15 balls before being dismissed.
Praful Hinge (2/54), Eshan Malinga (1/29), Sakib Hasan (1/39) and Nitish Kumar Reddy (1/31) were the wicket-takers for SRH.
Brief Scores:
Mumbai Indian: 243 for 5 in 20 overs (Ryan Rickelton 123 not out; Praful Hinge 2/54).
Sunrisers Hyderabad: 249 for 4 in 18.4 overs (Travis Head 76, Heinrich Klaasen 65 not out; AM Ghazanfar 2/51).
