Over 60 lakh properties in Bengaluru, but only 18 lakh owners pay tax: Development minister
Bengaluru Development Minister Krishna Byre Gowda reported that only 18 lakh of an estimated 60 lakh properties pay property tax, leading to financial strain on city corporations. He highlighted under-reporting and non-compliance as key issues, with a sample study indicating potential tax losses of ₹700 crore. The government aims to improve compliance without raising tax rates.