Hyderabad Civic Body Collected Rs 1,189 Crore Property Tax

Hyderabad Civic Body Collected Rs 1,189 Crore Property Tax

Amid the pandemic, the GHMC has raised Rs 1,189.10 crore through property tax since April, a rise of Rs 140 crore compared to last year. GHMC received a property tax of Rs 1,049.1 crore for the same period between April 2019 and December 2019.

Anticipating a decline due to the pandemic, the state implemented a one-time amnesty scheme in which owners paid only 10% of the accrued interest along with the principal up to the 2019-20 financial year. The transfer helped to accumulate Rs 280 crore.

Of the 5.64 lakh owners of property who did not pay their dues for a decade, this year, 1.10 lakh cleared their dues. In June and July, property owners, especially those operating commercial establishments, complained of losses and refused to pay tax for that time. Their business, however, is now back on track and many of them have paid property tax, said a bill collector from Serilingampally Zone.

13.50 lakh are residential, 2.1 lakh commercial and the remaining are mixed out of 16.92 lakh properties in GHMC limits. On Thursday, the GHMC was ordered to avoid reviewing unassessed properties by the municipal administration and urban development (MA&UD) department. We were told that new property tax identification numbers (PTINs)/assessments would create obstacles while on the Dharni portal there are non-agricultural properties. So the procedure is suspended, an official from the GHMC said.