Bengaluru civic bodies collect half of annual property tax target, but weekly pace lags

Bengaluru civic bodies collect half of annual property tax target, but weekly pace lags

Bengaluru's municipal corporations have collected roughly half of the city’s annual property tax target, yet the weekly collection rate remains below expectations, indicating a slower pace than projected. The shortfall highlights challenges in revenue collection and may affect local budget planning. Officials attribute the lag to administrative delays and a lower-than-anticipated number of new property registrations.