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Real Estate Forum on Property Tax For Andhra Buildings

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Q: Hey guys, what is the state of commercial tax in hyderabad right now?
Latest Answer: Hi, the state of the commercial tax is bad right now. I mean, there are not many traders who are not honestly paying the taxes for commercial buildings and malls. Though a majority of traders are paying taxes honestly a sizeable quantity of trading was being run as ‘zero’ business, that means that the traders carry out business without raising proper bills, thus denying the government its due share of taxes.
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Q: Hello, I have recently read that the property tax is being collected from the Telangana Government for buildings that are owned by the Andhra Government. Is this news true?
Latest Answer: During the undivided Andhra, around Rs300 crore was collected as professional tax from employees working in Hyderabad. Commercial tax department credits 95% of this amount to GHMC. After the bifurcation, the department was split up and now AP collects tax from employees, who are from Seemanandhra and do not pay anything to GHMC.
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