Income Tax

BBMP Property Tax

BBMP Property Tax

Last Updated : March 12, 2024, 3:41 p.m.

Owning a property in Bengaluru comes with the responsibility of paying property tax to the Bruhat Bengaluru Mahanagara Palike (BBMP). This annual tax plays a crucial role in funding the maintenance of public amenities like parks, drainages, roads, and other infrastructure within the state. In this comprehensive guide, we’ll walk you through the process of paying property tax online for the fiscal year 2023-24.

BBMP Property Tax Payment Process

  1. Visit the BBMP Property Tax Portal: Begin by accessing the property tax portal at https://bbmptax.karnataka.gov.in/.
  2. Enter Property Details: Input the Application Number, PID Number, or Renewal Application Number along with the Owner’s Name.
  3. Retrieve Information: Click on ‘Retrieve’ to display the owner’s details on the subsequent page.
  4. Proceed to Form Filling: If the details are accurate, click ‘Proceed’ to fill out Form IV. For any necessary changes, click the box on the screen to proceed to Form 5.
  5. Verify and Make Payment: Ensure the pre-filled information is accurate before proceeding to make the tax payment. Payments can be made in instalments or in full through a challan or online.
  6. Select Payment Mode: Opt for either debit card, credit card, or net banking as your preferred mode of payment.
  7. Receipt Generation: After successful payment, a receipt number will be generated, which can be viewed, printed, or downloaded after 24 hours.

BBMP PID Number Retrieval

  1. Visit BBMP Official Website: Go to the BBMP official website at https://bbmp.gov.in/.
  2. Access GEPTIS: Click on GEPTIS under other links at the right bottom of the page.
  3. Sign In or Register: Log in using existing credentials or register with your mobile number. Once registered, mapped properties will be visible on the Google map.
  4. Retrieve PID Number: Hover over the property location on the map to receive property details, including the new PID Number.

Calculation of BBMP Property Tax

BBMP calculates tax using three methods: Annual Rental Value System, Capital Value System, and Unit Area System. In Bengaluru, the Unit Area System is applied, where tax is charged based on the property’s per unit price of carpet area.

BBMP Property Tax Forms

There are six forms available for BBMP property tax payment, catering to different scenarios, such as owning a PID number, having a khatha number, or making changes to property details.

Due Date & Rebate

Paying property tax in a single installment before the due date qualifies for a 5% rebate. Delayed payments accrue a 2% interest charge per month. Payment in two installments, while avoiding interest, doesn’t qualify for a rebate.

Computation Formula

The formula for BBMP property tax computation is (G-I)*20% + Cess (24% of property tax). It involves calculating the Gross Unit Area Value and deducting depreciation.

Getting BBMP Tax Receipt

Retrieve your BBMP tax receipt by visiting https://bbmptax.karnataka.gov.in/, clicking on ‘Downloads,’ selecting ‘Receipt Printout,’ entering the assessment year and application number, and clicking ‘Submit.’

Properties Subject to Tax

Various properties in Bengaluru, including residential houses, factories, offices, godowns, and shops, attract property tax. The tax rates vary based on BBMP’s six value zones, determined by the Department of Stamps and Registration’s guidance value.

Conclusion

Understanding and navigating the BBMP property tax system is crucial for Bengaluru property owners. This comprehensive guide equips you with the knowledge needed to pay your property tax seamlessly and stay compliant with BBMP regulations.

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