BBMP revises property tax on parking spaces in Bengaluru
3 Articles
3 Articles
BBMP revises property tax on parking spaces in Bengaluru
Announcing the revised structure, Munish Moudgil, Special Commissioner (Revenue), BBMP, emphasised that the adjustment aims to bring fairness and clarity to parking tax calculations, ensuring a balanced approach across different property categories. The move is expected to provide relief to taxpayers in Bengaluru while maintaining revenue stability for the civic body.
BBMP revises parking tax: Shopping malls set to save big
In a notification issued on Saturday, BBMP Chief Commissioner Tushar Girinath proposed changes to how the unit area rate is computed for private parking slots, citing Clause 5 of Section 144 of the BBMP Act, 2020.
Coverage Details
Bias Distribution
- 100% of the sources lean Left
To view factuality data please Upgrade to Premium
Ownership
To view ownership data please Upgrade to Vantage