GHMC to go after 5 Lac Property Tax Defaulters
After collecting a record property tax collection of more than Rs.750 crore in the last financial year 2012-2013 ending 31 Mar 2013, the GHMC has announced its intent to go after the chronic defaulters of about five lakh property owners. At the same time, the top brass also promised to ‘incentivise’ early tax payers.
A rebate of five per cent property tax was to be given to citizens paying the entire year amount before April 30 as per the proposed changes to the GHMC Act by the Municipal Administration & Urban Development Department.
Officials clueless about Five Percent Rebate to Early Property Tax Payers
But, with less than 10 days left for the month to end, municipal officials have no clue about the status of the incentive or even whether the changes to the Act have been made or not.
Earlier, it was announced that the amendments to the Act would be passed during the ongoing budget session of the Legislative Assembly.
Citizens ask for Clarity
However, the officials are not willing go on record and want to wait till Commissioner M.T. Krishna Babu returns from his China trip. In the meantime, citizens have been calling up newspaper offices enquiring about the tax incentive.
“We read about the five per cent rebate for early tax payers. Is it on?” wondered Herman Papali.
A time limit of 90 days from the commencement of half year for payment of property tax without levying a simple interest and 100 per cent tax penalty on unauthorised constructions are also among the proposed changes.
Source: The Hindu
http://www.thehindu.com/news/cities/Hyderabad/ghmc-to-go-after-5-lakh-property-tax-defaulters/article4640548.ece
After collecting a record property tax collection of more than Rs.750 crore in the last financial year 2012-2013 ending 31 Mar 2013, the GHMC has announced its intent to go after the chronic defaulters of about five lakh property owners. At the same time, the top brass also promised to ‘incentivise’ early tax payers.
A rebate of five per cent property tax was to be given to citizens paying the entire year amount before April 30 as per the proposed changes to the GHMC Act by the Municipal Administration & Urban Development Department.
Officials clueless about Five Percent Rebate to Early Property Tax Payers
But, with less than 10 days left for the month to end, municipal officials have no clue about the status of the incentive or even whether the changes to the Act have been made or not.
Earlier, it was announced that the amendments to the Act would be passed during the ongoing budget session of the Legislative Assembly.
Citizens ask for Clarity
However, the officials are not willing go on record and want to wait till Commissioner M.T. Krishna Babu returns from his China trip. In the meantime, citizens have been calling up newspaper offices enquiring about the tax incentive.
“We read about the five per cent rebate for early tax payers. Is it on?” wondered Herman Papali.
A time limit of 90 days from the commencement of half year for payment of property tax without levying a simple interest and 100 per cent tax penalty on unauthorised constructions are also among the proposed changes.
Source: The Hindu
http://www.thehindu.com/news/cities/Hyderabad/ghmc-to-go-after-5-lakh-property-tax-defaulters/article4640548.ece
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