Reasons for increase in Tax

1
Reasons for increase in Tax

• SAS 2000

• SAS 2008

• RCC Buildings
• Cat 1 (rate 50 more than category 2 ) Marble or
  Granite Flooring
• Cat 2 ( rate 40 more than category 3 )Mosaic or
  Ceramic tile flooring
• Cat 3 Steel/wooden windows Cement/Red Oxide
  flooring

• RCC Buildings
• Cat 1 Rates retained but category 2 and part of
  3 buildings classified
• Cat 2 rates applied for cat 3 specification.
  Total house to have cement /red oxide flooring
  to eliminate most of the buildings from this
  category

2
Reasons for increase in Tax-contd

• SAS 2000

• SAS 2008

• Zoning altered now based on guideline value
• Depreciation Rates
• Less than 3 years 3
• 3 to 6 years 6
• 30 to 33 years 33
• Excess vacant land
• Excess of 3 times of plinth
• area (only ground floor )

• Zoning
• Depreciation Rates
• Less than 5 years 10
• 30 to 35 years 40
• Excess vacant land
• Excess of 3 times of built up
• area (all floors included)

3
Reasons for increase in Tax-contd

• SAS 2008

• SAS 2000

• Parking
• No Payment for Parking
• Block Period -5 YEARS
• TAX INCREASE based on prevailing conditions

• Parking
• Charge for parking area
• based on own use/ tenanted status for
  Residential Commercial
• Block Period-3 YEARS
• TAX INCREASE 15 TO 30 based on Commissioners
  discretion including change of Zone

4
Reasons for increase in Tax-contd

• SAS 2000

• SAS 2008

• AREAS UNDER CMC PANCHAYAT S WERE UNDER CVS
• VACANT LAND TAXATION UNDER CVS
• 3 Slabs on incremental increase in land holding

• PROPOSED TAX UNDER BBMP IS MANY TIMES MORE
• VACANT LAND TAXATION
• Single Slab irrespective of extent and Type but
  based on Zoning
• Any storage on vacant land at 50 of the built
  up area rate

5
OTHER ISSUES SCOPE FOR PROBLEMS

• SAS 2000

• SAS 2008

• PAYMENT CENTRES
• BANGALORE ONE
• SPECIFIED BANKS
• BBMP OFFICES

• PAYMENT CENTRES
• ONLY BBMP OFFICES