Hyderabad, March 16 -- Greater Hyderabad Municipal Corporation (GHMC) Commissioner RV Karnan has appealed to property taxpayers to utilise the One-Time Settlement (OTS) Scheme, which offers a 90 per cent rebate on interest for pending property tax dues, before the deadline of March 31.
Addressing a press conference at the GHMC Head Office on Monday, the Commissioner said that out of 28.08 lakh property taxpayers in the CURE area, around 16.80 lakh taxpayers have already paid their property tax. The CURE area includes GHMC, Malkajgiri Municipal Corporation (MMC) and Cyberabad Municipal Corporation (CMC).
Karnan said property tax collections have increased this financial year, with Rs 2,186 crore collected so far, compared to Rs 1,984 crore...