Secunderabad Cantonment Board’s plan to directly collect Transfer of Property Tax from June 1 has sparked confusion, with registration officials citing lack of legal backing. Stakeholders warn the move could disrupt property transactions and create hardship for citizens and developers.
The Secunderabad Cantonment Board will begin direct collection of Transfer of Property Tax from June 2026, remitting funds into the Cantonment Fund Account. The 5 per cent TPT rate continues, drawing criticism from civic groups seeking lower property tax rates.
The SCB has proposed taking over the collection of Transfer of Property Tax from the Telangana government, citing long delays in remittance of charges collected during property registrations. Currently, the state collects 11% in duties and taxes, including 5% TPT, but has not remitted Rs 73 crore to SCB since 2016.
