Property tax hiked from 14-15 All will have to pay arrears for 3 years
We had made a story 5 Percent Rebate If Property Tax is Paid before April 30, forget the rebate citizens are in for a shock as the City corporation Belagavi is levying as arrears of 658 per year from 2014-15.
The arrears is for three years, 15% hike for three years, with retrospective effect.
This year there has been a hike of 15% but for the previous THREE years also you will have to pay the difference amount of 15%.
This year 2017-18 also has a hike of 15% from the last year.
This in real terms means the property tax has been HIKED from the year 2014-15.
On December 5, 2016 the resolution was passed for hike from April 2014 with retrospective effect and yes even if you have paid in all those THREE retrospective years in Question in April and got 5% rebate the same is not applied now as it is termed as arrears.Â
The increase over last years Property tax comes to a hike of about 55.74%. So if you paid 4752 as property tax last year this year you will pay 7401.
This years Corporation budget has quoted a Property tax hike by 15% with a view to garner Rs.35 crore next year. But the sharp brains in the corporation have hiked it with retrospective effect.
It must be challenged in court as they can not hike the tax retrospectively.In Vodafone case courts have ruled like that…
Yes. I promptly paid this year’s property tax with 3 years arrears, other day. Citizens were not notified collection of 3 years arrears.
I don’t mind paying the taxes with hike, arrears etc., but where are the matching development works. Look at the pathetic condition of roads, chaotic traffic, horrible parking problems in our beloved cities. I feel cheated inspite of prompt payment of taxes since last 33 years. A very unfortunate situation in deed.
For development of city, & for pr{viding basic amenities, property tax may be hiked by 1% only.
This year they have not even posted the Tax Payable Challan also.Some sort of rules have to be followed they cant make rules to suit their own cause.Some people have honestly paid taxes on time.Just because they have authority doesn’t mean we need to follow every thing dictated by them.
Why the increase and then the 24% on arrears?