KARNATAKA

New system of property tax from April next

Bangalore Dec. 24. The Urban Development Minister, D.K. Shivakumar, has said that the new assessment system for property tax would come into effect from April 1.

Speaking to presspersons here today, he said valuation committees in sub-registrar offices throughout the State had been constituted to go through complaints in implementing Section 45 (b) of the Stamps and Registration Act. The committees would have, among others, the sub-registrar, tahsildar, officials of the Public Works Department, office-bearers of the local apartment society and presidents of residential associations, representatives of FKCCI, land developers, and local organisations.

The department officials had been asked to carry on the assessment work on street-by-street basis. Details collected would come to the central valuation committee through the deputy commissioners by December 30. Complaints of anomalies raised by property owners would be solved there. By March next, the committee would set right the anomalies and the new assessment system with revised rates would be introduced from April 1. Till then, the existing system would continue, he added.

Mr. Shivakumar said under the Nirmala Nagara scheme in 43 towns, a model website would be launched from January.

Asked when the eight CMCs around Bangalore would get Cauvery water, he said the Cabinet had cleared the proposal and the Bangalore Water Supply and Sewerage Board would take up a Rs. 650-crore drinking water scheme before the Assembly elections.

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