BBMP sets ambitious tax target this year
In light of this, a stern warning was issued to revenue officers. Failure to meet the targets could lead to consequences such as transfers to other zones or being assigned non-executive positions. In June, despite offering a 5% concession, BBMP managed to collect only Rs 465 crore. Typically, BBMP provides this concession to those who pay property tax in April, extending it until May-end.