Bengaluru: In an effort to raise revenues of cash starved City Corporations, the State Government on Monday passed an Act in the Legislative Council that allows yearly upward revision of tax on properties coming under all City Corporations of the State, barring Bruhat Bengaluru Mahanagara Palike (BBMP).
The Act enables yearly enhancement of property tax in the range of 3 to 5 percent in all 10 City Corporations — Mysuru, Davangere, Ballari, Tumakuru, Shivamogga, Hubli-Dharwad, Belagavi, Vijayapura, Mangaluru and Kalaburagi — in the State .
