Bengaluru extends by one month One-Time Settlement scheme for property tax ...Middle East

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Bengaluru extends by one month One-Time Settlement scheme for property tax
Bengaluru: The Karnataka government on Friday extended the deadline for the ‘One-Time Settlement’ (OTS) scheme for property tax in Bengaluru by one month. The Bruhat Bengaluru Mahanagara Palike (BBMP) had introduced the OTS scheme for approximately 4 lakh property tax defaulters, offering a 100 per cent reduction in interest and a 50 per cent reduction in penalties. Announcing the extension for the scheme, Karnataka Deputy Chief Minister D. K. Shivakumar said, “The OTS period for the payment of the property tax ended on July 31, but on public demand, the deadline has been extended by one month, until August 31 .” Talking to media persons, Shivakumar said, “So far, the property tax collectio

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