BackECONOMY
Karnataka govt extends 5% property tax rebate till May 31, 2026 across Bengaluru's five city corporations
The Karnataka government has extended the deadline to avail a 5% property tax rebate for FY 2026–27 to May 31, 2026, for taxpayers under the Greater Bengaluru Authority and Bengaluru's five municipal corporations. The extension aims to improve revenue collection and provide relief to property owners paying tax in full in a lump sum. Digital payment channels and e-Khata access remain available to streamline the process.
Why It Matters
The move affects a broad base of residential and commercial property owners in Bengaluru and could boost timely tax collections while offering modest savings for high-value properties.
Timeline
2 Events
Karnataka govt extends 5% property tax rebate till May 31, 2026 across Bengaluru's five city corporations
April 30, 2026
The government extends the 5% discount on property tax payments for FY 2026–27 to be available until May 31, 2026, for taxpayers who pay in full in a single lump sum. The rebate applies under the Greater Bengaluru Authority and the five Bengaluru city corporations, per a government order. The extension is intended to improve collections and give homeowners more time to arrange funds.
BBMP extends 5% property tax rebate deadline by one month (last year)
2025
The article notes that last year, the Bruhat Bengaluru Mahanagara Palike (BBMP) extended the deadline for availing the 5% property tax rebate by one month to benefit the public and encourage timely payments.