GHMC property tax collection delayed
The Greater Hyderabad Municipal Corporation’s (GHMC) efforts to begin property tax collection from the beginning of the financial year have been delayed.
GHMC has not even started to send demand notices to the property owners when it has to actually start collecting a penalty for delay in paying tax for the first half of the year.
The property tax collection method for the year has been undergoing changes in the way the information about the un-assessed, under-assessed and new properties is to be collected, said senior municipal officials.
GHMC has nearly 14.5 lakh properties under its tax net and for now, tax officials have been told to examine the properties where owners have been paying a tax of Rs.500 or less for years.
To read more real estate news:
GHMC Hyderabad to deploy GIS to catch tax defaulters
Source: The Hindu
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