In a bid to ease the burden of property taxpayers, the Telangana state government has announced a 50 percent rebate in property tax in the state. The rebate will be applicable to those who pay tax of up to Rs 15,000 a year in the Greater Hyderabad Municipal Corporation (GHMC) are and up to Rs 10,000 in other municipalities. The decision is expected to benefit nearly 13 lakh property owners in the city limits.
Municipal administration minister K.T. Rama Rao announced the tax respite as a Diwali gift on Saturday. He said that the tax discount would be applicable for the financial year 2020-21. He also said that if property tax owners have already paid tax for this year, the amount, ie. the 50 percent balance, will be adjusted in the next financial year. Rama Rao said that the government would continue to disburse Rs 10,000 relief to the recent flood victims in the Greater Hyderabad area. He appealed to the people to register their names in Mee Seva centres and provide bank details to avail of the benefit.
In addition, the state government also enhanced the monthly salaries of sanitation workers from Rs 14,500 to Rs 17,500 in recognition of their services during the Covid-19 pandemic. The tax rebate was given in view of the ensuing elections to Greater Hyderabad Municipal Corporation. The State Election Commission has already initiated election arrangements and the notification is expected soon.
