Property tax in urban areas slashed by 50% in Telangana
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The reduction will, nonetheless, be accessible solely to home class of tax payers as much as ₹15,000 in Greater Hyderabad Municipal Corporation (GHMC) and ₹10,000 in 141 municipalities throughout the State
The Telangana authorities on Saturday slashed property tax for the present 12 months by 50% for the urban inhabitants of the State who bore the brunt of COVID-19, as a Diwali present from the Chief Minister.
The reduction will, nonetheless, be accessible solely to home class of tax payers as much as ₹15,000 in Greater Hyderabad Municipal Corporation (GHMC) and ₹10,000 in 141 municipalities throughout the State. Payments already made by now shall be adjusted in the demand that shall be raised subsequent 12 months, mentioned Municipal Administration Minister K.T Rama Rao.
Disclosing the choice taken in this regard at yesterday’s Cabinet assembly presided by Chief Minister K. Chandrasekhar Rao, the Minister advised a media convention that about 13.72 lakh householders in GHMC and 17.68 lakh others in 141 municipalities will profit from the measure. The reduction in GHMC will quantity to ₹196.48 crore and ₹130 crore in municipalities, aggregating to ₹. 326.48 crore.
By different choices, the residents of Hyderabad and fifteen adjoining municipalities who didn’t get the flood reduction of ₹10,000 introduced by the State authorities have been given yet another alternative to entry the cash by way of Mee Seva centres. They could make on-line software on the centres on cost of Rs. 20 and the cash shall be delivered at their doorstep by officers or deposited in banks in the event that they furnished their account numbers.
The Government has to this point disbursed ₹470 crore out of the budgeted ₹550 crore to 4.75 lakh households earmarked to help individuals distressed by current rains and flooding of homes in Hyderabad.
As Diwali present to sanitation employees in recognition of their providers throughout COVID-19 occasions, the Government enhanced their wage from ₹14,500 to ₹17,500 monthly. This is the third enhancement for them for the reason that formation of Telangana State; first time it was achieved in 2015 from ₹8,500 to ₹12,500 and once more in 2017 from ₹12,500 to ₹14,500, Mr. Rama Rao mentioned.
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