Latest Answer: Hey. This is fresh news. There is a full-fledged budget for the new state now, Telangana government proposed a total expenditure of Rs 1,15,689 crore, including non-plan expenditure of Rs 63,306 crore for 2015-16.
Q:Is hyderabad property tax going to be waivered? Im a prospective homebuyer in the city, so i wanted to be well-aware of the situation. So has the govt given its approval for this waiver ?
Latest Answer: Generally, the state government reimburses the property tax compensation for government buildings in the Greater Hyderabad area. For this year, the government had made a provision of Rs 40 crore in the budget for this purpose. Another Rs 6 crore is towards certain concessions given to the tax payers
