Bengaluru Expects Rs 45 billion property tax collection boost

09 Jan 2024 CW Team

The civic body in Bengaluru expresses confidence in achieving a substantial property tax collection of Rs 45 billion. Anticipating a significant boost in revenue, the civic authorities are optimistic about meeting their financial targets through effective property tax management.

The confidence stems from a strategic approach to streamline property tax collection processes and leverage technological solutions for efficient administration. Bengaluru's civic body aims to harness these measures to ensure a seamless and transparent system, ultimately leading to a substantial increase in property tax collection.

The projected Rs 45 billion collection is crucial for funding essential civic services and infrastructure projects. As Bengaluru continues to grow, the civic body's proactive measures in revenue generation play a vital role in sustaining urban development and meeting the evolving needs of the city's residents.

The optimism surrounding the property tax mop-up reflects a commitment to financial stability and effective governance. Bengaluru's civic authorities are poised to leverage modern tools and strategies to not only meet but potentially surpass their revenue targets, contributing to the city's overall growth and development.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..