Bengaluru to charge 100% penalty on unpaid property taxes starting April 1
- Posted on March 20, 2025
- By Business News Today
- 4 Views
Bengaluru to charge 100% penalty on unpaid property taxes starting April 1
BBMP will impose a 100% penalty on all unpaid property taxes from April 1. Property owners must pay dues before March 31 to avoid the penalty and a 15% annual interest. BBMP has collected 88.4% of its target, and is taking stringent actions, including seizing and auctioning properties, to recover unpaid taxes.
