February – Tough Time for Property Tax Defaulters

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The Greater Hyderabad Municipal Corporation (GHMC) is planning to pursue a drive against all property tax defaulters in Hyderabad from February 2014 onwards. The GHMC has communicated strongly that the tax defaulters are going to be pursued until they pay the pending tax amount.

The GHMC has collected property tax amounting to Rs. 538.67 crore as on January 27, 2014, and is likely to reach Rs. 1250 crore by the close of this financial year.

Also, GHMC is planning to collect a pending tax amount of Rs. 2 crore from tourism department of the state government.

Source – Deccan Chronicle

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