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Karnataka Government Extends Deadline for One-Time Property Tax Payment

Karnataka govt

The Karnataka Government has issued a crucial update regarding the payment of property tax in Bengaluru. Through an order dated August 8, 2024, the state government has extended the deadline for the one-time payment of property tax under the Bruhat Bengaluru Mahanagara Palike (BBMP) Act, 2020. Originally set to expire on July 31, 2024, the deadline has now been extended to September 30, 2024. This extension provides much-needed relief to property owners in Bengaluru who have yet to fulfill their tax obligations under this provision.

Details of the Extension

The extension comes under the seventh proviso to sub-section (5) of Section 144 of the BBMP Act, 2020. This section allows property owners to make a one-time payment of their outstanding property tax. The initial deadline of July 31, 2024, was set as a final opportunity for property owners to clear their dues without incurring additional penalties. However, recognizing the need for more time, the state government has now extended this deadline to September 30, 2024.

This move is likely to benefit a large number of property owners who were unable to meet the initial deadline due to various reasons. The extension will allow these taxpayers to settle their dues, thus avoiding potential legal actions or penalties that may have arisen from non-payment.

Impact on Property Owners

The extension of the deadline is a significant relief for property owners in Bengaluru, especially those facing financial constraints or other challenges in meeting their tax obligations. The Karnataka Government’s decision to extend the time limit demonstrates its responsiveness to the needs of its citizens, ensuring that they have adequate time to comply with the law.

Property owners are encouraged to take advantage of this extension and make their payments promptly to avoid any future complications. The BBMP has also been directed to facilitate the payment process, ensuring that taxpayers can complete their transactions smoothly before the new deadline.

Conclusion

The Karnataka Government’s decision to extend the property tax payment deadline under the BBMP Act, 2020, is a welcome move that provides additional time for property owners in Bengaluru to fulfill their tax obligations. With the new deadline set for September 30, 2024, property owners should take this opportunity to clear their dues and avoid any penalties. This extension reflects the government’s commitment to accommodating the needs of its citizens while ensuring compliance with the law.

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