April 9, 2024: The Greater Visakhapatnam Municipal Corporation (GVMC) has launched a concessional scheme for property and vacant land tax for the financial year 2024-2025 (FY25). Taxpayers who settle their dues in full before April 30 will enjoy a 5% discount under the early bird offer. This initiative aims to incentivise prompt payments and provide financial relief to taxpayers.
See also: GVMC property tax: A guide to paying taxes
For those not utilising the offer, there is an additional two-month window to pay tax for the first half of the year without incurring interest. To streamline tax payments, the convenience centre at GVMC headquarters and all zonal offices will operate from 9 AM to 8 PM, including Sundays and public holidays.
Taxpayers can conveniently settle their property and vacant land tax online via gvmc.gov.in – property tax – Bharat QR code. Personal payments can also be made in cash, through Demand Draft (DD), or via debit card at designated locations including the GVMC Convenience Centre, IDBI Siripuram branch, ICICI Dwarka Nagar branch, Punjab National Bank Madhurawada branch, and Axis Bank Ramanagar branches.
Got any questions or point of view on our article? We would love to hear from you. Write to our Editor-in-Chief Jhumur Ghosh at [email protected]
Dhwani is a content management expert with over five years of professional experience. She has authored articles spanning diverse domains, including real estate, finance, business, health, taxation, education and more. Holding a Bachelor’s degree in Journalism and Mass Communication, Dhwani’s interests encompass reading and travelling. She is dedicated to staying updated on the latest real estate advancements in India.
Email: [email protected]
Related Posts
GVMC Water Tax: Understanding Charges and Payment Options.
GVMC property tax: A guide to paying taxes.
Government plans ambitious development of Mumbai and other city port lands.
ADB, India to lend $141-mn loan to build 3 industrial corridors in Andhra.
Home launches pan-India, up by 3% in Q1 2019: Study.
Haryana to offer 30% rebate on property tax payment till July 31.
