GHMC turns to city outskirts for tax boost
5 years, 3 months ago

GHMC turns to city outskirts for tax boost

Deccan Chronicle  

Hyderabad: In order to enhance revenues for the second half of the year, the Greater Hyderabad Municipal Corporation has decided to form special task force teams to mop up Rs 1,800 crore in property tax during the current financial year. In August, the civic body prepared a list of assessments to be re-verified and notified 2,199 structures whose annual property tax was between Rs 3 lakh and Rs 5 lakh. A senior GHMC official said the corporation had enhanced property tax collection of structures whose annual property tax is between Rs 1,200 and Rs 2 lakh. Against the target of Rs 1,500 crore the corporation has collected Rs 1,401 crore in property tax during financial year 2018-19.

History of this topic

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