Timely tax collection can fill GHMC coffers
5 years, 5 months ago

Timely tax collection can fill GHMC coffers

Deccan Chronicle  

Hyderabad: Due to rampant corruption at the ground level, the GHMC has been losing out on Rs 4,000 crore in the form of property tax. Corporation officials said that if the property tax is assessed accurately and collected timely, the civic body can fund infrastructure projects and regular maintainance works on its own. Highly-placed sources said that the civic body had conducted a preliminary verification of records to check the property tax account and found that if it collected the entire due, it could get Rs 4,000 crore annual tax and Rs 1,500 arrears. The official further said that even though the corporation has the potential to collect 6,500 crore property tax annually, official apathy, corruption and lack of commitment has restricted collection to about Rs 1,500 crore during financial year 2017-18.

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History of this topic

GHMC proposes Rs 8,340cr Budget for 2025–26
1 month, 1 week ago

GHMC proposes Rs 8,340cr Budget for 2025–26

New Indian Express  

HYDERABAD: The Greater Hyderabad Municipal Corporation has drafted an annual Budget estimate of Rs 8,340 crore for the financial year 2025–26, reflecting a rise of nearly Rs 400 crore compared to the 2024-25 Budget of Rs 7,937 crore. Additionally, a separate Rs 300 crore Budget has been allocated for projects of other corporations managed by GHMC, including the Telangana Housing …

MCD logs dip in property tax collection, taxpayers in FY24
9 months ago

MCD logs dip in property tax collection, taxpayers in FY24

Hindustan Times  

The Municipal Corporation of Delhi has registered a dip in property tax revenue collection as well as the number of taxpayers in 2023-24 even as the other sectors, including parking, The property tax department tentatively collected around ₹2,137 crore till March 31 with 1,258,000 tax payers filing returns, according to one of the officials cited above. “Last year, MCD offered …

GHMC collects a windfall of Rs 1,917 crore in property tax
9 months, 1 week ago

GHMC collects a windfall of Rs 1,917 crore in property tax

New Indian Express  

HYDERABAD: The Greater Hyderabad Municipal Corporation has collected Rs 1,917 crore in property tax, which is Rs 257 crore more compared to the previous fiscal. Property tax collection for the previous year was around Rs 1,660 crore. The OTS scheme offered a waiver of 90% of the accumulated interest on property tax arrears, provided the taxpayers clear the principal amount …

GHMC Seals 150+ Properties in Tax Crackdown
9 months, 2 weeks ago

GHMC Seals 150+ Properties in Tax Crackdown

Deccan Chronicle  

Hyderabad: In a crackdown against property tax defaulters, officials of the Greater Hyderabad Municipal Corporation’s Kukatpally zone have sealed over 150 properties in 30 days. These properties were being sealed as part of the special drive against property tax defaulters, an official said. He said that GHMC staff members were requesting residential property owners who are yet to pay tax …

GHMC resorting to seizure of properties of tax defaulters
9 months, 2 weeks ago

GHMC resorting to seizure of properties of tax defaulters

The Hindu  

With only a week left for the financial year-end, the Greater Hyderabad Municipal Corporation is resorting to desperate measures to recover property tax arrears from long-time defaulters. Circle-level officials of the Revenue wing have started to seize the properties with regard to which the dues of more than one year are pending, causing anxiety among the residents less than two …

State Govt To Review GHMC Functioning Soon
11 months, 1 week ago

State Govt To Review GHMC Functioning Soon

Deccan Chronicle  

Hyderabad: Chief Minister A. Revanth Reddy or transport minister Ponnam Prabhakar, incharge minister for Hyderabad, will chair the first meeting by the Congress government to review the overall functioning of the GHMC, within a week. The defaulters include government departments besides private property owners who owe over Rs 2,000 crore in property tax to GHMC. Municipal Administration and Urban Development …

Property tax collection in Greater Chennai Corporation fell to ₹47 crore in the past 7 weeks
11 months, 2 weeks ago

Property tax collection in Greater Chennai Corporation fell to ₹47 crore in the past 7 weeks

The Hindu  

The number of property tax receipts generated by the Greater Chennai Corporation had reduced by around 60% in the past seven weeks when compared with the same period last year. The tax collection has also fallen to ₹47 crore, from ₹143 crore in the same period last year. Kodambakkam, Ambattur, Teynampet, Adyar, Perungudi, and Anna Nagar were some of the …

Tax dues from govt agencies hold back civic body
1 year, 9 months ago

Tax dues from govt agencies hold back civic body

Deccan Chronicle  

HYDERABAD: The Greater Hyderabad Municipal Corporation, faced with a funds shortage, is carrying out a fine balancing act to pay staff salaries and take up infrastructure works, even as Central and state government agencies, besides individual taxpayers, owe Rs 8,000 crore in property taxes. Many dues have not been cleared for years, with the civic body stating that it was …

Telangana government owes GHMC Rs 5,258 cr towards property taxes
2 years, 7 months ago

Telangana government owes GHMC Rs 5,258 cr towards property taxes

Deccan Chronicle  

HYDERABAD: It seems government departments are not far behind in evading taxes if a piece of information furnished by the Greater Hyderabad Municipal Corporation is anything to go by. According to information obtained by an RTI activist, the state government has to clear a whopping Rs 5,258 crore pertaining to property tax in the city. This apart, an amount of …

GHMC falls short of property tax target
2 years, 9 months ago

GHMC falls short of property tax target

Deccan Chronicle  

HYDERABAD: With only two days remaining for the end of the financial year 2021-22, the Greater Hyderabad Municipal Corporation still falls short of Rs 500 crore against the target of Rs 1,850 crore annual property tax. In order to overcome this, the corporation did not accept cheque payments to the annual property tax collection last year. Thanks to the one …

GHMC\'s \'reform\' hikes property tax
2 years, 9 months ago

GHMC\'s \'reform\' hikes property tax

Deccan Chronicle  

Hyderabad: The GHMC's reform of the property tax structure to make it 'citizen-friendly' has resulted in a hike of at least 50 per cent for residential properties in the city. The GHMC has divided the city two zones for property tax: Jubilee Hills circle and other areas. Officials said the property tax would be increased in the new system since …

GHMC mulls new property tax plan to mop scarce revenues
3 years, 2 months ago

GHMC mulls new property tax plan to mop scarce revenues

Deccan Chronicle  

HYDERABAD: The GHMC is likely to reintroduce its One-Time Settlement scheme on payment of property tax. It is ready to waive up to 90 per cent of accumulated arrears on property tax, provided taxpayers clear their entire dues until 2020–21 by just paying 10 per cent of interest on overall dues. By reintroducing the OTS scheme, the corporation hopes to …

Telangana owes property tax worth Rs 678 crore to GHMC
3 years, 6 months ago

Telangana owes property tax worth Rs 678 crore to GHMC

Deccan Chronicle  

HYDERABAD: The Greater Hyderabad Municipal Corporation has a big headache – to recover over Rs 678 crore pending property taxes – that too from a defaulter against whom the civic body cannot do anything – the government of Telangana! Officials of the property tax wing of the GHMC said a whopping Rs 678.64 crore, out of a total Rs 714 …

Civic body nets ₹1,723.95 crore in property tax in three months
3 years, 6 months ago

Civic body nets ₹1,723.95 crore in property tax in three months

The Hindu  

The Bruhat Bengaluru Mahanagara Palike’s decision to extend the 5% rebate on property tax — one of its major revenue streams — for three months seems to have worked in its favour. BBMP’s Special Commissioner S. Basavaraj told The Hindu that of the 18.12 lakh properties in the city, tax for financial year 2021–22 had to be paid by 13.78 …

PMC begins auctioning 40 properties of property tax defaulters
3 years, 9 months ago

PMC begins auctioning 40 properties of property tax defaulters

Hindustan Times  

Despite the introduction of the amnesty scheme, some property tax defaulters in the city are not paying up taxes owed to the Pune Municipal Corporation and therefore in a first, the PMC has initiated the auction process on a total of 40 properties. HT Image PMC property tax departments have identified properties that are not responding to the property tax …

Corrupt bill collectors rob GHMC of Rs 200 crore property tax annually
4 years ago

Corrupt bill collectors rob GHMC of Rs 200 crore property tax annually

Deccan Chronicle  

HYDERABAD: The ground-level staff working in the revenue wing has been indulging in high-level corruption. Property taxpayers allege that bill collectors, who are supposed to collect three years penalty on unauthorised properties, have been demanding only a year’s penalty from residents in order to waive-off three years penalty and depositing 50 percent of tax collected into GHMC's account. The other …

Highest tax payers get least facilities: GHMC polls disparity
4 years, 1 month ago

Highest tax payers get least facilities: GHMC polls disparity

Deccan Chronicle  

Hyderabad: The city’s highest tax payers are deprived of basic civic amenities and subject to bumpy rides 365 days a year, while city lowest tax payers enjoy, relatively, the best of what the government can provide them. The Greater Hyderabad Municipal Corporation managed to collect Rs 6.73 crore property tax from Chandrayangutta against Rs 124.26 crore in Jubilee Hills and …

AP registers 19.40% rise in property tax collections in current fiscal
4 years, 2 months ago

AP registers 19.40% rise in property tax collections in current fiscal

Deccan Chronicle  

Vijayawada: Andhra Pradesh registered a 19.40 per cent rise in property tax collection in the current fiscal up to November 4 despite Covid-19 affecting the economy badly. The authorities had set a Rs 1,958.88 crore tax collection target in the current fiscal and have so far managed to collect 38.40 per cent of it. In addition to this, the state …

Greater Hyderabad residents are paying twice for garbage
4 years, 10 months ago

Greater Hyderabad residents are paying twice for garbage

Deccan Chronicle  

Hyderabad: Property tax payers under the Greater Hyderabad Municipal Corporation appear to be paying twice for the same service. The GHMC collects about Rs 1,400 crore per year as property tax to fund services including the door-to-door collection of garbage. It has also been charging an additional `1,000 crore from property tax payers for providing the same door-to-door garbage collection …

GHMC spending Rs 2,100 crore on roads
5 years, 2 months ago

GHMC spending Rs 2,100 crore on roads

Deccan Chronicle  

Hyderabad: The Greater Hyderabad Municipal Corporation has spent Rs 2,100 crore on city roads and sanitation in a year, though both are in pathetic condition. The civic body claimed it had spent Rs 1,200 crore for maintenance of roads and Rs 900 crore on sanitation. According to highly placed sources in the corporation, GHMC has been paying Rs 168 crore …

GHMC to impose new tax on Hyderabadis
5 years, 2 months ago

GHMC to impose new tax on Hyderabadis

Deccan Chronicle  

Hyderabad: Chairman of the Telangana State Finance Commission, Rajesham Goud, on Wednesday recommended to the Greater Hyderabad Municipal Corporation to levy additional tax on all eateries, commercial establishments, sale of petrol, sale of motor vehicle and several other commercial transactional points in a bid to augment revenues of the civic body. Rajesham Goud recommended to the GHMC to collect a …

Why we need better property tax systems
5 years, 2 months ago

Why we need better property tax systems

Live Mint  

Cities are at the heart of economic growth everywhere. In an article published on the Ideas for India portal, Soumyadip Chattopadhyay and Arjun Kumar suggest that even a modest increase in revenue from property tax systems can help Indian city-level municipal governments or urban local bodies expand their tax collections and allow them to invest in their city’s development. Because …

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 …

Hyderabad: Drone survey to boost tax kitty
5 years, 5 months ago

Hyderabad: Drone survey to boost tax kitty

Deccan Chronicle  

Hyderabad: Vexed with corrupt bill collectors, the GHMC has decided to embark on a drone survey and use the Geographic Information System for accurate assessment of properties in the city. The corporation which expected to garner Rs 200 crore through re-verification of about 2 lakh properties whose property tax is above Rs 1,200, got a shock when field staff, after …

Hyderabad: Civic body is left only with Rs 15 crore for roads
5 years, 9 months ago

Hyderabad: Civic body is left only with Rs 15 crore for roads

Deccan Chronicle  

Hyderabad: The state government’s flagship Strategic Road Development Plan could grind to a halt as the corporation is running out of money. An official said the corporation had utilised Rs 380 crore which was raised through municipal bonds, with the government standing security, to build skyways, grade separators and rotaries. Under the SRDP, the corporation has to construct seven skyways, …

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