Bengaluru, Feb 20: The Karnataka Assembly on Tuesday passed a bill to slash the penalty on property taxes in Bengaluru city limits by 50 percent.
The bill is titled Bruhat Bengaluru Mahanagara Palike (BBMP) Amendment Bill 2024. Deputy Chief Minister D K Shivakumar, who holds the Bengaluru development portfolio, tabled the bill in the Legislative Assembly.
"With the passing of this Amendment Bill, the penalty amount is halved, saving Bengalureans a whopping Rs 2,700 crores. The BBMP will be able to collect penalties worth Rs 1000 crore," a statement issued by Shivakumar's office said.
This important amendment will benefit around 13 to 15 lakh people in Bengaluru city including 5.51 lakh taxpayers, five to seven lakh people outside the property tax bracket and three lakh partial property taxpayers, it added.
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Former chief minister Basavaraj Bommai said that the BJP would oppose this bill as it will lead to large scale corruption.
The Amendment Bill has a provision to give a special rebate to the poor. Government residential buildings and buildings in slums are exempt from property tax penalties. Buildings up to 1,000 square feet which are for own use are exempt from property tax penalties.
Under the amendment bill, residential and mixed-use property owners will have to pay property tax penalties only for a maximum period of five years irrespective of the default duration. Interest has been waived off for dues beyond five years.
"This is a taxpayer-friendly amendment. We have brought this Bill to help the common people though it is a burden on the government," Shivakumar told the Assembly.
He charged that the property owners in Bengaluru had to pay heavy penalties as the previous BJP government had passed an amendment bill which doubled the penalties resulting in a huge burden on the property tax payers.
The new amendment passed by the Congress government has reduced the penalty burden on the property owners significantly, he added.
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Kalaburagi (PTI): Congress President Mallikarjun Kharge on Tuesday said that the opposition will question the government at the all-party meeting, regarding US President Donald Trump's claims that his administration helped broker a "ceasefire" between India and Pakistan.
The Leader of Opposition in Rajya Sabha said he will urge the government to call an all-party meeting soon, to discuss the latest developments in border tension between India and Pakistan, including "ceasefire".
Speaking to reporters here, he said, "Trump is saying things to claim credit. These people (PM and central government) are saying no. It is a sensitive matter. When an all-party meeting is called, we will discuss — what’s the matter, what happened and what were the telephone talks— and ask all these things”.
In response to a question whether PM Modi gave in to Trump's mediation, he said "It won’t be right for me to speak about it now. We have our party meeting today. I’m going for that. I will ask (centre) to call an all-party meeting, let’s see what they will do."
India and Pakistan reached an understanding on Saturday to end the military conflict after four days of intense cross-border drone and missile strikes.
Indian government sources have been maintaining that the Director Generals of Military Operations (DGMOs) of India and Pakistan reached an understanding to stop all firings and military actions, and no third party was involved.
There was no reference to trade in talks between top leaders of India and the US during the India-Pakistan military conflict, government sources said on Monday after American President Donald Trump claimed that he pressured New Delhi and Islamabad to stop hostilities by threatening to cut trade with both countries.
The source-based clarification came after Trump on Monday said he forced the two countries to stop the hostilities by using the trade card.
Kharge and his party have already demanded that the central government convene a special session of Parliament to discuss the Pahalgam terror attack, Operation Sindoor, and the latest developments in cross-border firing, including the recently announced "ceasefire".