GHMC to revise property tax for commercial set-ups soon

The Greater Hyderabad Municipal Corporation (GHMC) has decided to constitute a special task force to assess and revise property tax of commercial establishments in the city.

The task force officials from town planning, revenue and engineering of each zone will inspect and revise the commercial property tax for structures including malls, complexes and others constructed above 1,000 square yard plots.

Intensifying its efforts in property tax collection, the municipal corporation has set itself a target of Rs 123



crore for the month of July. Till date, it has collected Rs 714 crore during the current financial year.

The civic body is also gearing up to prepare a draft list of eligible persons for old age pension by July 25. The survey will be done as per the voters list announced in November 2018 to identify old age pensioners aged above 57 years. People with annual income of Rs 2 lakh with no immovable properties in the city are eligible.