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	<title>Property News India and Featured Real Estate Stories &#187; GVMC</title>
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		<title>New Penalty Provision Introduced by Government to Boost Property Tax Collection</title>
		<link>https://groups.commonfloor.com/news/new-penalty-provision-introduced-by-government-to-boost-property-tax-collection-78057</link>
		<comments>https://groups.commonfloor.com/news/new-penalty-provision-introduced-by-government-to-boost-property-tax-collection-78057#comments</comments>
		<pubDate>Mon, 09 Mar 2015 12:04:29 +0000</pubDate>
		<dc:creator>dinesh.k</dc:creator>
				<category><![CDATA[Realty News]]></category>
		<category><![CDATA[AP Municipalities Act 1965]]></category>
		<category><![CDATA[Building penalization scheme]]></category>
		<category><![CDATA[Greater Visakha Municipal Corporation]]></category>
		<category><![CDATA[Greater Visakhapatnam Municipal Corporation]]></category>
		<category><![CDATA[GVMC]]></category>
		<category><![CDATA[Town Planning Department]]></category>

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		<description><![CDATA[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 [...]]]></description>
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		<title>Mounting tax dues, GVMC pilled up with debts</title>
		<link>https://groups.commonfloor.com/news/mounting-tax-dues-gvmc-pilled-up-with-debts-31519</link>
		<comments>https://groups.commonfloor.com/news/mounting-tax-dues-gvmc-pilled-up-with-debts-31519#comments</comments>
		<pubDate>Wed, 31 Oct 2012 06:43:13 +0000</pubDate>
		<dc:creator>mainaki</dc:creator>
				<category><![CDATA[Other cities]]></category>
		<category><![CDATA[Property Tax]]></category>
		<category><![CDATA[Greater Visakhapatnam Municipal Corporation]]></category>
		<category><![CDATA[greater vizag municipal corporation]]></category>
		<category><![CDATA[GVMC]]></category>
		<category><![CDATA[gvmc house tax]]></category>
		<category><![CDATA[gvmc tax dues]]></category>
		<category><![CDATA[municipal corporation tax]]></category>
		<category><![CDATA[municipal corporation visakhapatnam]]></category>
		<category><![CDATA[property tax details]]></category>
		<category><![CDATA[visakhapatnam corporation]]></category>
		<category><![CDATA[visakhapatnam house tax]]></category>
		<category><![CDATA[visakhapatnam municipal corporation house tax]]></category>

		<guid isPermaLink="false">http://www.commonfloor.com/stories/?p=31519</guid>
		<description><![CDATA[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 [...]]]></description>
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		<title>GVMC in centre stage due to property tax collection</title>
		<link>https://groups.commonfloor.com/news/gvmc-in-centre-stage-due-to-property-tax-collection-11434</link>
		<comments>https://groups.commonfloor.com/news/gvmc-in-centre-stage-due-to-property-tax-collection-11434#comments</comments>
		<pubDate>Thu, 22 Dec 2011 11:42:43 +0000</pubDate>
		<dc:creator>Poonam Das</dc:creator>
				<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[Debt]]></category>
		<category><![CDATA[Defaulters]]></category>
		<category><![CDATA[distraint notices]]></category>
		<category><![CDATA[Greater Visakhapatnam Municipal Corporation]]></category>
		<category><![CDATA[GVMC]]></category>
		<category><![CDATA[Jawaharlal Nehru National Urban Renewal Mission]]></category>
		<category><![CDATA[JNNURM]]></category>
		<category><![CDATA[Notices]]></category>
		<category><![CDATA[property tax]]></category>
		<category><![CDATA[Property tax collection]]></category>
		<category><![CDATA[Visakhapatnam]]></category>
		<category><![CDATA[Vizag]]></category>
		<category><![CDATA[Zones]]></category>

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		<description><![CDATA[Greater Visakhapatnam Municipal Corporation is talk of the town due to bad collection of property tax and large debt this year. Apart from this, it is also facing problem in completing the projects in stipulated time under Jawaharlal Nehru National Urban Renewal Mission (JNNURM). The debt has also risen to Rs 130 crore and for [...]]]></description>
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