Property-tax: discount period extension

Madikeri, April. 8: Because of the current Corona Anxiety The State Citizenship Directive has now extended the concession deadline of May 5 to May 31. Under the Municipalities Act, the public is required to pay a property tax to urban local bodies at the beginning of the financial year, and to the citizens who pay property tax in the first month of the financial year (within April 30) as per reference (2) and (3). Discounts of 5% will be available. Against this backdrop, there will be more crowds to pay property tax in April, which is undesirable for the current situation. So to limit the public's use of large numbers of urban local agencies and banks in April, the percentage of the property tax 5% is deemed necessary and timely to extend the discount period to 31 May 2020 now. 

Against this backdrop, all state and local corporations (excluding BBMPs) in the state will only be subject to a per cent tax on property tax for the financial year 2020-21.The Director of the Civil Administration, B.B. Kaveri has issued an order.to extend the discounted period of 5% to 1 April 2020 to 31 May 2020 to enable the public to pay property tax.

(This article is translated by xklsv internet media pvt. Ltd, from shakthidaily.info; the Shakthi Daily is not liable for any errors in translation.)

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