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Delhi Khan Market and Connaught Place retailers demand NDMC cut property tax burden now

Delhi Khan Market and Connaught Place retailers demand NDMC cut property tax burden now

Retailers in Delhi’s costliest markets, including Khan Market and Connaught Place, have urged the New Delhi Municipal Corporation (NDMC) to quickly implement a revised property-tax calculation method. The New Delhi Traders Association says NDMC property tax can be as high as 25% of rent collected, compared with just 2–3% in other Delhi areas under MCD. They argue for “one city one tax,” saying traders across upscale areas should not face different effective tax rates.

Summarised by Beize from a story on The Economic Times on 15 May 2026
Bengaluru My e-Khata My Hakku camps begin May 16 as B Khata conversion drops to 2% fee

Bengaluru My e-Khata My Hakku camps begin May 16 as B Khata conversion drops to 2% fee

Bengaluru property owners can now convert B Khata to A Khata through the Karnataka government’s Bhoo Guarantee 2026 scheme, with government-organized “My e-Khata, My Hakku” camps starting May 16. The move lowers the required payment to just 2% of the guidance value, down from 5% earlier. Officials say the program will formalize property records, improve transparency, and strengthen legal security for lakhs of families. The Greater Bengaluru Authority also highlights digitization efforts, including e-Khata delivery for over 23 lakh records.

Summarised by Beize from a story on The Economic Times on 15 May 2026

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Bengaluru property tax deadline extended to May 31 2026 get 5 percent rebate

Bengaluru property tax deadline extended to May 31 2026 get 5 percent rebate

Bengaluru property owners now have until May 31, 2026 to pay property tax in full and claim a 5% rebate, after the due date was extended. The Greater Bengaluru Authority has also rolled out online e-Khata downloads using the SAS Property Tax ID, making it easier for citizens to access records without visits or paperwork.

Summarised by Beize from a story on The Economic Times on 6 May 2026
Bengaluru residents can now download e Khata online using SAS Property Tax ID instantly

Bengaluru residents can now download e Khata online using SAS Property Tax ID instantly

Bruhat Bengaluru Mahanagara Palike (BBMP) has enabled Bengaluru residents to download e-Khata online. The process uses the user’s SAS Property Tax ID, cutting out office visits and reducing delays. With the digital option, citizens can access and retrieve their e-Khata anytime, streamlining property-related work such as transactions and tax payments across the city.

Summarised by Beize from a story on The Economic Times on 25 Apr 2026
Seller lost Rs 21 lakh TDS over buyer mistake ITAT Delhi allowed Form 71 credit relief

Seller lost Rs 21 lakh TDS over buyer mistake ITAT Delhi allowed Form 71 credit relief

An ITAT Delhi order gave relief to a property seller who lost Rs 21 lakh TDS because the buyer deposited it in the wrong tax year. The Income Tax Department denied the credit, but the tribunal held that capital gains are taxed in the year of transfer and allowed the seller to claim credit using Form 71.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
NDMC shifts property tax to Unit Area Method Here is what changes for homeowners

NDMC shifts property tax to Unit Area Method Here is what changes for homeowners

The New Delhi Municipal Council is overhauling property taxation by replacing the old rateable value approach with the Unit Area Method. NDMC says the new system will be more fair and predictable, helping homeowners estimate and verify their tax liability with greater transparency. The change is aimed at reducing subjectivity and making tax calculations easier to understand.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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