Saturday, Mar 25, 2023
English News
  • Hyderabad
  • Telangana
  • Andhra Pradesh
  • India
  • World
  • Entertainment
  • Science and Tech
  • Sport
  • Business
  • ...
    • NRI
    • View Point
    • cartoon
    • Columns
    • Reviews
    • Education Today
    • Property
    • Videos
    • Lifestyle
    • Rewind
E-Paper
  • NRI
  • View Point
  • cartoon
  • Columns
  • Reviews
  • Education Today
  • Property
  • Videos
  • Lifestyle
  • Rewind
Home | Hyderabad | Property Tax Ghmc Plans Self Assessment Mode

Property tax: GHMC plans self-assessment mode

To do away with method of bill collectors visiting newly built structures to estimate tax

By Nabinder Bommala
Updated On - 12:25 AM, Mon - 9 August 21
Property tax: GHMC plans self-assessment mode
After completion of self-assessment by property owners, GHMC will conduct an audit.

Hyderabad: The Greater Hyderabad Municipal Corporation (GHMC) is planning to incorporate a citizen-friendly approach to generate its revenue by doing away with the traditional method of bill collectors visiting newly constructed houses as well as structures with the additional built-up area.

For years, bill collectors measured the site manually and uploaded the details to the GHMC website to generate property tax amount. Now, the plan is to go for a complete self-assessment of property tax for new structures and revision of the existing tax in case of additional built-up area by property owners themselves. As of now, self-assessment is an option, along with physical verification by bill collectors.

Once physical verification is done away with, that is, if the government approves the proposal, property owners will from then have to visit https://www.ghmc.gov.in/ and complete the online self-certification process by uploading the details and documents. Following this, an audit will be conducted.

With self-assessment posing the risk of wrong details being furnished, the GHMC is planning to deter that possibility by imposing hefty penalties. As of now, as per the Municipalities Act, 2019, if a person furnishes wrong details to lower property tax amount, the individual is liable for penalty as per section 94 of the Act. The municipality will collect the actual tax amount and impose a one-time penalty which will be at least 25 times the actual tax.

Meanwhile, another change made by the GHMC is providing privacy to property owners. Unlike earlier, property details and dues now are not available in the public domain. To pay the property tax or check dues, an OTP will be sent to the property owner using which the person can see the details. “We want to have an updated database to send alerts about payments and dues pertaining to property tax. We also wanted to provide privacy to property owners following which the OTP option was introduced,” a GHMC official said.

Property tax


Now you can get handpicked stories from Telangana Today on Telegram everyday. Click the link to subscribe.

Click to follow Telangana Today Facebook page and Twitter .


 

  • Follow Us :
  • Tags
  • GHMC
  • Municipalities Act
  • OTP
  • Property tax

Related News

  • Hyderabad: 12 people fall ill after eating mandi; foodstall sealed

    Hyderabad: 12 people fall ill after eating mandi; foodstall sealed

  • Hyderabad: One killed, two injured in wall collapse in Langar Houz

    Hyderabad: One killed, two injured in wall collapse in Langar Houz

  • GHMC intensifies measures against vector-borne disease

    GHMC intensifies measures against vector-borne disease

  • Telangana: Rs 4,304 crore released to ULBs under Pattana Pragathi in 3 years

    Telangana: Rs 4,304 crore released to ULBs under Pattana Pragathi in 3 years

  • Power officials asked to restore power lines damaged due to rains

    Power officials asked to restore power lines damaged due to rains

  • 1540 ASHA workers to be recruited for GHMC area

    1540 ASHA workers to be recruited for GHMC area

Latest News

  • Paytm launches upgraded payments platform powered by fully indigenous technology

    4 mins ago
  • Delhi: Man arrested for killing male friend, having unnatural sex with corpse

    25 mins ago
  • XBB 1.16 variant not severe, say public health experts

    45 mins ago
  • Trump arrested? Fake AI images flood internet

    1 hour ago
  • Telangana HC permits BJP protest at Dharna Chowk

    1 hour ago
  • ‘Marginal relief’ to taxpayers under tax regime

    2 hours ago
  • Telangana Congress condemns Rahul Gandhi’s disqualification

    2 hours ago
  • Andhra Pradesh: YSRC rebel MLA joins TDP

    2 hours ago

company

  • Home
  • About Us
  • Contact Us

business

  • Subscribe

telangana today

  • Telangana
  • Hyderabad
  • Latest News
  • Entertainment
  • World
  • Andhra Pradesh
  • Science & Tech
  • Sport

follow us

© Copyrights 2022 TELANGANA PUBLICATIONS PVT. LTD. All rights reserved. Powered by Veegam