Tag: Belagavi

Latest StoriesRegulatory

Tenants Could Face ₹50,000 Fine for Illegal Subletting

BENGALURU: The Karnataka state government has announced major changes to the Rent Control Act of 1999, decriminalizing rental disputes while significantly increasing penalties, which may rise from 900% to 2,500%. The cabinet approved these amendments last week, and they will be presented during the winter session of the legislature in Belagavi. The amendments aim to align the state legislation with the central government’s Jan Vishwas Act, 2025, which decriminalizes minor offences while implementing penalties and warnings. Imprisonment clauses of up to one month related to rental disputes between tenants and landlords will be eliminated. Under the new amendments, penalties for…

Latest StoriesRegulatory

Belagavi civic body records ₹44.7 crore in Q1 property tax

BELAGAVI: The Belagavi City Corporation (BCC) has set an ambitious goal of collecting Rs 75 crore in property tax for the financial year 2025-26. So far, the civic body has collected Rs 44.7 crore in the first quarter, aided by a 5% rebate scheme that ended on June 30. This figure represents the highest Q1 property tax collection in the BCC’s history, attributed to an effective awareness campaign about the rebate and diligent efforts to stop revenue losses. With Rs 44.7 crore already in hand, the BCC aims to raise the remaining Rs 30 crore in the upcoming quarters to…