The citizens of Belagavi will have to spend 15% more as property tax. The Belagavi City Corporation Council accorded approval for enhancement of property tax by 15% here on Wednesday.
The resolution adopted in this regard by the council would be sent to the government for approval.
Ratan G. Masekar, Chairman, Standing Committee on Taxation and Finance insisted that the council should limit the tax enhancement by only 15% as per Section 109A of the KMC Act, 1976 instead of enhancing by 30%. Already, the Act provides for mandatory enhancement of property tax by 15% once in every three years.
The council also recommended to continue with the 5% rebate who pay up in April.