Hyderabad, March 7 -- The Greater Hyderabad Municipal Corporation (GHMC) has launched a one-time scheme to provide relief to property tax payers by offering a 90 percent waiver on accumulated arrear interest.

The announcement, made by the Telangana Government on Friday, March 7, comes as a relief for thousands of property owners in the GHMC jurisdiction who are burdened with pending tax dues. The new initiative is aimed at helping taxpayers clear off their outstanding property tax dues for the financial year 2024-25 and earlier.

What is Hyderabad's One-Time Scheme for property tax arrears?

Under the "One-Time Scheme" (OTS), property owners are required to pay the principal amount of their property tax dues up to the 2024-25 financial y...