GHMC’s rebate offer pays rich dividends

April 30, 2014 01:11 am | Updated November 16, 2021 10:23 pm IST - HYDERABAD:

The Greater Hyderabad Municipal Corporation’s (GHMC) offer of a rebate to those paying property taxes before the month-end paid rich dividend. More than 2.50 lakh persons cleared taxes to the tune of Rs.105 crore.

On the last day of the early bird offer of five per cent rebate, serpentine queues were formed at the GHMC counters on Tuesday.

Though the offer was on till April 30, tomorrow being a holiday on account of elections, most rushed to make payments and avail of the rebate.

The collection of Rs.105 crore is quite high as it was just for the GHMC, which during the same month last year, could just cross the Rs. 30 crore mark.

“In the last 20 days, more than 2.50 lakh property owners availed of the benefit,” an official said.

Response positive

GHMC Commissioner Somesh Kumar described the response as very positive in the given circumstances as the bill collectors drafted for poll duties too were not available for taking up collection.

On extending the early bird offer, he said it had come through a government order and hence, could not be extended.

In terms of property tax revenues during the month of April in the last few years, the civic body received Rs. 30 crore in the year 2010-11, Rs.19 crore in 2011-12, Rs. 42 crore in 2012-13 and Rs.34 crore in 2013-14.

0 / 0
Sign in to unlock member-only benefits!
  • Access 10 free stories every month
  • Save stories to read later
  • Access to comment on every story
  • Sign-up/manage your newsletter subscriptions with a single click
  • Get notified by email for early access to discounts & offers on our products
Sign in

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.