Friday, October 18News That Matters

Tag: “One time settlement (OTS)

Payment of property tax; OTS allowed only till July 31: DCM D.K. Shivakumar

Payment of property tax; OTS allowed only till July 31: DCM D.K. Shivakumar

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Bangalore, Jr. 11 "One time settlement (OTS) facility given by Bengaluru Mahanagara Corporation for non-payment of property tax will be available only till July 31. Therefore, tax arrears should make use of this opportunity before the last date," said DCM D.K. Shivakumar said. "The corporation did not put pressure on the issue of tax payment because the elections were going on. The one-time settlement opportunity given by the Corporation to come under the tax ambit for non-payers of property tax will be finalized on July 31. None of this opportunity It does not expand because of that. In this opportunity, 50% exemption has been given on the penalty and 100% interest waiver has also been given. Act implemented by BJP government in haste. Our government is trying to fix this. Citi...