GHMC Assures Tax Penalty Adjustments in December’11

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25 percent of additional property tax is generally levied by the Greater Hyderabad Municipal Corporation (GHMC) on unauthorized constructions. However, the penalty was imposed by the corporation on some buildings which had already been regularized under the building regularization and penalisation scheme. About 4,500 petitions have been filed mentioning that the buildings received the 25% additional tax penalty even though they are regularized. However, no response was seen from the corporation from the past two months.

With the last date of tax payment on November 30 and void reaction from GHMC, building owners are worried. However, the corporation advised to pay the property tax before the last date by deducting the additional penalty imposed, or to pay the penalty and get adjustments for the excess amounts in the next month’s bill.

Source: Deccan Chronicle

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