GHMC Net Revenue in 2010 Crosses Rs.1,000 crore

by HIOC Team
Published: Updated: 107 views

GHMC collected Rs. 488 crore in property tax collection (81.35 per cent) for the year 2009-2010, though only 8.2 lakh households out of the 11.5 lakh households paid the tax in the last financial year which concluded on March 31st.

In the year before (2008-2009), the property tax collected was Rs. 376.46 crore (71 per cent). There has been a rise of Rs. 111. 63 crore. Revenues from the town planning wing is near to property tax collection at Rs. 473 crore. Income from advertising tax was Rs. 25.26 crore, from dispensing trade licenses Rs. 18.10 crore, and from the estates segment was Rs. 5.9 crore. Altogether, revenue collection is up to Rs. 1010.43 crore.

Commissioner Sameer Sharma and his staff have been focusing completely on revenue accomplishing exercise from the last two months and put work which required massive expenditure on hold as there is crucial financial state. Town planning segment also threatened to reject preliminary permissions submitted if fees was not refunded for new constructions.

Senior officials were handed over particular targets and governed to target the big miscreants of Rs. 50,000 and above. SMS messaging was delivered to 10.5 lakh property owners. All these actions seemed to have worked, because more than Rs. 200 crore was collected in two months.

Highest property tax collection was observed from Serilingampally (North & South) which is Rs. 40 crore and least is observed in small circle of Patancheru-Ramachandrapuram with Rs. 2.18 crore. But nearly Rs. 136 crore was remained pending from all circles.

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