Property tax assessments
The Municipal Corporation of Guragon (MCG) has conceded that it will fall way short of achieving property tax target it has set for itself in the current financial year. The MCG aimed to collect Rs 500 crore this year. However, even after six months it has barely managed to collect only around Rs 50 crore [...] Continue Reading »
Secunderabad Cantonment Board (SCB) has plans for raising additional revenue of Rs 5 crore in the next quarter. SCB has commenced with revision of property tax assessments for the upcoming year 2012. It was recently learnt that old grant bungalows (OGBs) in Secunderabad Cantonment jurisdiction were used for commercial purposes. However these property owners were [...] Continue Reading »
