Mounting tax dues, GVMC pilled up with debts
The Greater Visakhapatnam Municipal Corporation (GVMC) is planning to develop the city but before that it has to tackle the debt due to government departments defaulting on property tax.
Around 30 government wings owe property tax of Rs 4.18 crore to the civic body, with the APTransco leading the defaulters list owing Rs 80.03 lakh to GVMC.
The house owners owe property tax of Rs 75 crore, and the corporation is in the red with the debts up to Rs 270 crore. And the total pending due s 170 crore, including vacant land tax dues of Rs 77 crore.
The tax defaulters due on the tax payments are endowments department (Rs 49.10 lakh) and police department (Rs 9.69 lakh). Even the government mental hospital owes around of Rs 43.07 lakh to the GVMC.
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