How To Pay Property Tax In Bangalore?

If you are a property owner in Bangalore, gear up for some new rules and procedures to be followed to pay your taxes.

Start with these bits of information while paying property tax in Bangalore:

1. Two forms: There are two different forms for property tax now. Form IV in white paper is for filing tax for properties that have registered no change in status over the last one year. The changes could be status of occupancy from residential to rental and vice versa, or the extent of built-up area etc. For residential units with any such changes, Form V in blue paper will be applicable.

2. Online payment: You can pay property tax online, provided records of the last eight years' of tax filing are available online. If you are paying online, there are no extra transaction charges for using a credit card. The government recommends the gateway of Corporation Bank.

3. No cheques: The state government will not accept cheques for property tax payment. You will have to pay either by demand draft or cash.

4. Banks: If you want to pay your tax at the counter of a bank, you can pay at either of these banks -- Canara Bank, Corporation Bank, HDFC Bank, IDBI Bank, Induslnd Bank, Indian Overseas Bank, Kotak Mahindra Bank, ING Vysya Bank or Yes Bank.

5. Returns: Tax payers, who have submitted declarations for the year 2008-09, can pay property tax for the year 2015-16 online. Those who have not yet paid tax can also pay tax at the office of the Assistant Revenue Officer or at BBMP Help Center after filing returns. Those property owners, who do not have any Khata, can also pay at the help center. You can also pay tax at the center, if the tax is below Rs 1,000. The timings are between 9 am and 12.30 pm and between 3 pm and 7 pm.

6. Unauthorized revenue layouts: Those who fall in this category can pay property tax under the self-assessment scheme. These properties can also be registered at the Office of the Assistant Revenue Officer until they are regularized.

7. Cess: Solid Waste Management cess should also be paid along with property tax. These application forms are available at the BBMP Help Center.

8. Other numbers: While filling the tax form online, be prepared to provide meter number of your electricity connection.

(Katya Naidu has been working as a business journalist for the last nine years, and has covered beats across banking, pharma, healthcare, telecom, technology, power, infrastructure, shipping and commodities)