Amendment status not verified — confirm the current text below against the official source.
Levy of property tax.- (1)The property tax shall be levied by each City Corporation by resolution passed at such rates within the limits set by the Government in consultation with the Greater Bengaluru Authority, following the capital value system based on the Guideline Value of the buildings, properties and lands notified under section 45B of the Karnataka Stamp Act, 1957 (Karnataka Act 34 of 1957). (2) When a resolution under sub-section (1) is passed, the Corporation shall publish a notice of such resolution in the notice board of its office, in its official website and by advertisement in local newspapers. The publication of such notice shall be conclusive evidence that the tax has been imposed in accordance with the provisions of this Act and the rules made thereunder. (3) Each City Corporation may levy and collect the property tax from every building, vacant land or both including a building constructed in violation of the provisions of building byelaw or in an unauthorized layout or in a revenue land or from a building occupied without issuance of occupancy certificate except a building constructed illegally in Government land, land belonging to any local body, any statutory body or an organization owned or controlled by the Government. The property tax collected from such buildings or lands shall be maintained in the separate register: Provided that levy and collection of property tax under this sub-section from such building does not confer any right to regularize violation made, or title, ownership or legal status to such building. Such buildings shall always be liable for any action for violation of law in accordance with the provisions of this Act or any other law: Provided further that no such tax shall be levied or collected or registration of such unauthorized buildings or the vacant lands shall be done in any Property Tax registers of the Corporation which are constructed or created after 30th September 2024. The date of availing of a valid and regular electricity connection from Bengaluru Electricity Supply Company shall be construed as the date of construction of a building and in case of vacant plot or land, the date of registration of such a piece of land or plot shall be the date of creation of the land or plot. (4) The property tax payable shall be reduced by fifty percent in respect of a self-occupied building used for residential purpose and such class of self- occupied non-residential building as may be notified by the State Government on the recommendation of the Corporation. (5) The Commissioner of the City Corporation shall have power to clarify any doubt as to classification of zones, capital value and class of property. The decision of the Commissioner of the City Corporation may be appealed to the Chief Commissioner of the Greater Bengaluru Authority whose decision in this regard shall be final. (6) The City Corporation may specify the slabs for different classes of property.