BDA Karantha Layout: BETTERMENT TAX fixed

BDA: Taxation based on guideline rates for 17 villages

BDA Karantha Layout: BETTERMENT TAX fixed

Kere Manjunath ಕೆರೆ ಮಂಜುನಾಥ್ 

 Bengaluru: Bengaluru Development Authority (BDA) has fixed Betterment tax for residential purpose land and buildings of 17 villages under Shivramakaranta Layout.

 The Betterment Tax is fixed as per the guideline rate fixed by the Registration and Stamps Department. As per section 20 and 21 of the BDA Act, 1976, Betterment Tax is levied per square meter or per square meter.

 The matter was brought up in the meeting of the authority meeting, which was approved. A notification will be issued by the state government in a few days and BDA will start the process of collecting of Betterment tax.

 The rate of Betterment tax is fixed for the residential areas of the respective villages, while commercial purpose areas are charged 80% more than the tax fixed for residential plots. Tax will increase by 60% for industrial areas. If there is a corner plot or a road on both sides of the property, 10% more than the residential plot development tax is payable.

 Issue of Demand Notice: A 'Demand Notice' will be issued to pay Betterment tax to property owners in 17 villages under Shivaram Karantha layout. An officer has been appointed for that. If the tax is paid as per the notice, they will be issued a KHATA. This tax has been fixed after taking the advice of legal experts, said BDA financial member A. Lokesh said.

Tax as per BDA formula: Jayaram

 Betterment tax is fixed as per BDA formula. There is nothing more or less. One-third of the difference between the guideline rate in that village before BDA acquisition and the guideline rate in 2024 has been fixed as Betterment tax. All the people within the 17 villages are using the infrastructure developed by BDA for Karanta Layout. BDA commissioner N Jayaram said that the value of land will also increase by paying tax and issuing BDA KHATHA.

•  ₹51 thousand to ₹13.78 lakh for a 1200 sq ft plot
•  ₹1000 crore collection target
•  80 percent for commerce, 60 percent more for industry

Why is the tax not developed?

 Because of this, BDA has not provided any infrastructure to the surrounding villages. Gram Panchayat and BBMP have provided facilities in some parts. So why pay development tax to BDA. According to the guideline rate, those who set the tax should also give the same compensation' M.Ramesh Ramgondanahalli, coordinator of DSS (combined) Bangalore district, questioned.