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The Hindu
The Hindu
National
Swathi Vadlamudi

GHMC’s property tax collection slackens

Greater Hyderabad Municipal Corporation (GHMC)’s property tax collection for the month of July and ongoing collection for the month of August have taken a beating owing to the additional responsibilities assigned to the staff of Revenue wing.

For a target of ₹2,000 crore for the financial year 2022-23, the civic body could collect almost ₹1,000 crore so far. However, of the total collection, ₹742 crore was received by April 30, as part of the Early Bird scheme which incentivised payment in the first month of the financial year. This is nearly three quarters of the total collection so far.

For the next three months, the collection has been only a little over ₹250 crore, and much below the target in July, when the bill collectors and tax inspectors have been roped into the job of segregation of applications received for double bedroom housing units across the city.

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