KIADB to be sole Property Tax collector in Hebbal, Hootagalli, Koorgalli and Thandya Special Investment Regions
Mysuru: In a significant relief for industries in Mysuru, the Karnataka Government has announced that property taxes within the Special Investment Regions (SIRs) will now be paid to Karnataka Industrial Areas Development Board (KIADB). Previously, these industries were burdened with dual taxation — paying property taxes to Gram Panchayats, Town Panchayats or City Municipal Councils (CMCs) and also paying maintenance fees to KIADB.
