April 17, 2024: The Greater Hyderabad Municipal Corporation (GHMC) has taken action against property taxpayers whose cheques have bounced, mentioned media reports. Of the Rs 1,921 crore property tax collected for the financial year 2023-24, cheques worth Rs 11 crore have bounced. As of April 16, 2024, the police have filed 39 FIRs based on complaints received from the corporation.
The highest number of cases, a total of 13, were filed in Chandanagar, followed by eight in Yousufguda, five in Jubilee Hills, four each in Serilingampally, Quthbullapur and Moosapet and one in Kukatpally.
GHMC implements early bird scheme, offering property tax rebate
GHMC Commissioner Ronald Rose has asked taxpayers to pay the cheque bounce amount immediately without further delay and warned of more FIRs in the coming days. He further urged citizens to clear their arrears and avail of the Early Bird Scheme, which gives a 5% rebate on current-year property tax. The scheme closes on April 30 this year.
The early bird scheme is being implemented for the payment of property tax for the financial year 2024-25. Property tax worth Rs 230 crore has been collected so far through the early bird scheme.
Earlier, the GHMC took action against property tax defaulters and sealed over 150 properties in the city. Most of these properties are commercial establishments.
Click to read about GHMC property tax online payment procedure
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Harini is a content management professional with over 12 years of experience. She has contributed articles for various domains, including real estate, finance, health and travel insurance and e-governance. She has in-depth experience in writing well-researched articles on property trends, infrastructure, taxation, real estate projects and related topics. A Bachelor of Science with Honours in Physics, Harini prefers reading motivational books and keeping abreast of the latest developments in the real estate sector.
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