• Source:JND
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The 'One Time Settlement' window for paying overdue property taxes in the city is only open till July 31, announced Karnataka Deputy Chief Minister D K Shivakumar, who is also in charge of Bengaluru Development.

"The BBMP (Bruhat Bengaluru Mahanagara Palike) had not actively pursued property tax outstanding due to elections. The one-time settlement (OTS) scheme will end on July 31 and hence I urge people to make use of the opportunity to clear the outstanding payments. The OTS scheme provides 50 per cent concession on penalties and 100 per cent concession on interest payments," Shivakumar said.

"More than 50,000 people have paid taxes under the OTS scheme and another 4 lakh are yet to pay. They will be deemed defaulters from August 1," he said.

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Noting that twenty lakh properties are within the tax bracket, he said, "If those outside the tax bracket pay taxes and submit proof within 90 days, we will provide them with a property tax account."

According to Shivakumar, roughly 8 lakh properties have already been digitalised, and the remaining properties will be finished in three months. The process of digitising 20 lakh properties is currently underway. "Once the process is complete, the digital records will be sent to property owners."

On the other hand, noting that flex banners have been outlawed by the BBMP but are nonetheless widely utilized by several organisations, including political parties, he warned to take action against Assistant Revenue Officers who fail to comply.