Property tax in Hyderabad
Hyderabad – With the financial year nearing, civic bodies all over India are coming up with new strategies to collect property tax dues. In this regard, Greater Hyderabad Municipal Corporation (GHMC) has directed that if a building is detected to be out of tax net of the civic body, the owner evading property tax will have to [...] Continue Reading »
Hyderabad – The Greater Hyderabad Municipal Corporation (GHMC) has adopted few measures to compel property tax defaulters to pay up. Now they can capture or grab your vehicles and other movable properties if you are one among them. After the scrutinization of property tax initiated in 2013, GHMC officials has collected an amount of Rs [...] Continue Reading »
Hyderabad – The Greater Hyderabad Municipal Corporation (GHMC) budget for 2013-14 has been approved without any hike in property tax rates. The final approval will be given by the state government soon. The corporation budget was presented by the Mayor of GHMC on February 18, 2013. The total outlay for the next financial year is [...] Continue Reading »
Hyderabad- As the revision of property tax is going all over the country, Greater Hyderabad Municipal Corporation (GHMC) is planning to assess property tax by using Geographic Information Systems (GIS) survey. They are planning to implement GIS survey to capture every property electronically. In this regard, a detailed tender will be released to invite agencies. According to [...] Continue Reading »
Hyderabad- Due to conspiracy of field-level property assessment staff and property owners, Hyderabad government is deprived of 50 percent of its rightful revenue in municipalities and municipal corporations. This news was confirmed by Municipal Administration and Urban Development. In this regard, a pilot survey was conducted for a GIS-based system for assessing property tax in the Greater Hyderabad Municipal [...] Continue Reading »
Hyderabad: The revision of property tax may be a relief for the owners of large number of commercial buildings in the city. Areas like LB Nagar, Uppal, Qutbullapur, Malkajgiri, Kapra, Vanasthalipuram, Kothapet, Kukatpally, Saroornagar, Karmanghat and Gaddiannaram may witness a fall of 25 – 30 percent in property tax. Documents presented at Greater Hyderabad Municipal Corporation [...] Continue Reading »
The Andhra Pradesh Government has given the revenue department a target of revenue collection of Rs 5,300 crore. This is 25 percent more than the total revenue collected in Hyderabad last year. The government had increased the market values of properties in Hyderabad in 2010, is keen on repeating the same this year as it [...] Continue Reading »
The Mayor of Hyderabad has allocated a budget of Rs 3,600 crore to GHMC for the fiscal year 2012-13. Earlier this budget was proposed to be Rs 2,934.99 crore by the GHMC commissioner. But the civic body’s standing committee urged it to be Rs 3,600 crore raised by Rs 300 crore from previous year’s budget. The [...] Continue Reading »
