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AP Municipalities Act 1965

New Penalty Provision Introduced by Government to Boost Property Tax Collection

New Penalty Provision Introduced by Government to Boost Property Tax Collection
Greater Visakhapatnam Municipal Corporation (GVMC) has introduced a new penalty provision to boost its collection of property tax. This penalty is simple interest of 2 per cent on property tax for half a year, if the tax has not been paid by the end of the first quarter of that year. What this essentially means [...] Continue Reading »



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