The cash-strapped Mysuru City Corporation is looking to absorb its revenue and plans to incorporate areas beyond the corporation’s boundaries into its property tax network, given that the city is developing beyond borders with many real estate operators. Developers, gated communities and living quarters.
Mysuru City Corporation is looking at the Bengaluru model where the Bruhat Bengaluru Mahanagara Palike (BBMP) has the “Register A” and “Register B” system (AKhata and BKhata) for properties within the city limits of Bengaluru and for properties at- beyond the city limits.
A group of executives and officials led by Deputy Mayor Anwar Baig visited the BBMP on Saturday to learn about the initiative to collect property tax from landowners.
The “B-Khata” property tax (register B) is applicable for properties located outside the jurisdiction of the BBMP. The Khata concept was born after the BBMP decided to streamline the tax collection process in 2007.
Most of the buildings, that were made before 2007 failed to accommodates BBMP’s laws and therefore were thought of unlawful. These properties did not pay taxes despite enjoying all civic amenities from BBMP. The ‘B-Khata’ land tax was introduced to incorporate such properties within the tax net.
In different words, the ‘A-Khata’ and ‘B-Khata’ are nothing however documents certifying the possession of a property for tax purposes. whereas the ‘A-Khata’ lists legal properties, ‘B-Khata’ lists illegal/ semi-legal properties.
Data supply ( Star of Mysore ) says that there are over 1.92 hundred thousand ratable properties beneath the MCC and each year, the tax arrears has only grownup and for the 2020-2021 money year, the arrears stands at Rs. ninety two crore.
For the 2021-22 monetary year, the MCC has set a target of Rs. Hundered and Fourty crore. as well as the arrears and also the target, the MCC must collect Rs. 232 crore however it’s managed to gather only Rs. a hundred crore leaving a gaping hole within the revenues.
In the sixty one revenue extensions of Mysuru, there are quite 31,000 properties to that the MCC was providing all civic amenities however isn’t obtaining any tax from a majority of property owners.
Mysuru City Corporation sources (STAR OF MYSORE ) said that these properties would be enclosed within the ‘B-Khata’ system like in Bengaluru. Once the properties in revenue areas are entered into the ‘B-Khata’, the house owners are issued a certificate for payment of Property Tax.
Although the ‘B-Khata’ certificate can’t be thought-about the superior-most assessment document, it will function a short lived resolution for activities like enabling of civic amenities like water supply, electricity, UGD and so on It will be a document for loan approvals and it’s a legitimate legal instrument that helps complete variety of legal proceedings, Mysore City Corporation officers said.
The proposal of opening ‘B-Khata’ has already been mentioned within the previous MCC Council meeting and therefore the proposal would be discussed once more in the Council and sent for government approval.
